Aero-engine makers seek boost from major Airbus China deal

After Airbus's success (AIR.PA) it was the turn of engine makers to seek a boost from China's spending power on Tuesday as a major plane order generates lucrative follow-on opportunities. China placed a order for 45 A330 wide-body passenger jets on Tuesday, with plans for a possible further 30 aircraft in a deal worth between $11 billion and $18 billion. The order has now unleashed a battle between engine makers to win contracts with Chinese airlines who may ultimately benefit from the government-managed aircraft purchase, industry sources said on Wednesday.

Aero-engine makers seek boost from major Airbus China deal source: http://finance.yahoo.com/news/aero-engine-makers-seek-boost-170059667.html