Airbus, France to sign 'major industrial deal', Paris announces

PARIS (REUTERS) - French President Francois Hollande will meet Airbus president Fabrice Bregier on Monday to discuss "a major industrial deal", Mr Hollande's office said in a statement on Sunday.

"It's a new deal," said a source close to the Elysee presidential palace, who declined to give any details.

Industry sources have been expecting Airbus, part of European aerospace group Eads, to announce a significant order from an Asian buyer.

The deal will be signed at the launch of France's "Industry Week".

Join ST's Telegram channel and get the latest breaking news delivered to you.