China's ICBC firms up order for 80 Airbus jets: sources

[January 07, 2019]    PARIS (Reuters) - China's ICBC Financial Leasing has firmed up an order for 80 Airbus <AIR.PA> A320-family jets worth $8.8 billion at list prices, industry sources said on Monday.

Airbus airplanes are parked near the Airbus A320 family final assembly line in Tianjin, China, March 1, 2016. REUTERS/Kim Kyung-Hoon

The move is part of a buying spree from Asian lessors in the final hours of 2018 as Japanese-owned SMBC Aviation reached agreement for some 65 Airbus jets and Hong Kong-based China Aircraft Leasing (CALC) ordered 50 737 MAX from Boeing <BA.N>.

Airbus declined comment. ICBC was not immediately available for comment.

(Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)

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