The Chinese government has cleared the way for Hong Kong
Airlines to complete its purchase of ten A380 airliners in a deal
worth about $3.8 billion. The deal had been up in the air because
of the European Union's imposition of its Emissions Trading Scheme
While Airbus says it will have no official comment on the deal
until its annual news conference on January 17th, the French news
service AFP reports that, according to Bloomberg, the first
deliveries to the Chinese airline would be sometime in 2015.
The Chinese government had considered blocking the acquisition
as a protest of the imposition January 1st by the European Union of
an Emissions Trading Scheme which requires non-European flagged
airlines to purchase carbon credits if they don't meet strict
The airline also would not comment on the reported purchase.