UPDATE 1-Airbus close to signing aircraft deal with China - sources
PARIS, March 25 (Reuters) - European planemaker Airbus is close to signing a deal worth billions of dollars with China following a delay of more than a year in the negotiations, industry sources said on Monday. The deal is part of a package of trade deals coinciding with a visit to Europe by Chinese President Xi Jinping. Boeing shares pared gains briefly on the news and were up about 1.2 percent at 16.26 GMT. China has become a key hunting ground for Airbus and its leading rival Boeing, thanks to surging travel demand, but the outlook has ...
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