European plane maker Airbus won orders from China and a new U.S. airline worth $14.3 billion and said it would set up a plant in China to win a greater share of sales in the world's second-largest aviation market.
The factory in China will be Airbus' first final assembly plant outside Europe. The Chinese order is worth $10 billion at list prices for 150 of the A320s.
Airbus also won an order for 65 single-aisle A319 planes from Skybus Airlines Inc., a low-fare airline based in Columbus, Ohio, that plans to start service next year. At list prices, the purchase would be worth $4.3 billion.