China Airshow Witnessed Deals Worth USD20 Billion With 239 Aircraft Sold
Liao Shumin
DATE:  Nov 13 2018
/ SOURCE:  Yicai
China Airshow Witnessed Deals Worth USD20 Billion With 239 Aircraft Sold China Airshow Witnessed Deals Worth USD20 Billion With 239 Aircraft Sold

(Yicai Global) Nov. 12 -- Participants in the 12th China International Aviation and Aerospace Exhibition in Zhuhai, in south China's Guangdong province, signed more than 569 contracts, agreements and cooperation memoranda totaling USD21.2 billion with 239 aircraft sold.

Some 770 aircraft manufacturers from 43 countries and regions exhibited at the six-day event, while 200 military and trade delegations were in attendance. Close to 150,000 professionals attended with an average visitor number of 300,000, state-backed Xinhua News Agency reported.

146 different aircraft from domestic and overseas manufacturers were exhibited at the airshow, while a total of 350 overseas aircraft manufacturers exhibited at the event, an increase of 30 on last year.

Large aircraft manufacturers including The Boeing Company and Airbus SE, as well as manufacturers of business jets, helicopters, aero-engines and aviation systems gathered at the show.

The Commercial Aircraft Corporation of China signed contracts with Urumqi Air and Puyin Financial Leasing for two cooperation projects totaling CNY13.4 billion (USD1.9 billion).

China Aerospace Science and Technology Corporation signed contracts for 32 projects with China Meteorological Administration, National Ocean Satellite Application Center, and China Academy of Space Technology, amounting to CNY45.2 billion.

China Aerospace Science & Industry Corp signed contracts for over 500 projects with the government of Ganzhou in southeastern China's Jiangxi province, Nanjing Software Park and foreign customers, amounting CNY42.4 billion. The deals involve new high-speed train tech as well as anti-drone solutions.

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Keywords:   China International Aviation & Aerospace Exhibition,ZHUHAI