Airbus rises on report that Chinese airlines may order hundreds of planes from Boeing's arch rival
Airbus shares rose more than 3% on Wednesday after a report that Chinese airlines are considering ordering hundreds of planes from the European firm. Bloomberg reported that a deal could involve between 200 and 500 narrow-body and wide-body aircraft.The order could be placed as soon as next month when European leaders visit Beijing, but the negotiations may take longer or fall apart. Airbus declined to comment on Bloomberg's report when contacted by Business Insider.The report comes as tensions have risen ...