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China Eastern Airlines is expected to sign a contract Friday with Airbus for the purchase of 20 A330 aircraft for more than US$2 billion.
The Airbus chief executive Noel Forgeard will meet Friday in Toulouse with Chinese Vice-Prime Minister Zeng Peiyan to finalize the deal.
China Eastern, which owns 60 Airbus aircraft out of a total fleet of 97, said the new aircraft are destined to replace a number of old ones.
As one of China's top three airlines, China Eastern is the European aircraft manufacturer's top customer in China and in Asia.
Airbus, a unit of European Air Defense and Space Company, manufactures its aircraft in the southern French city of Toulouse.
(CRI.com June 11, 2004)
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