Chinese airlines order 95 Airbus jets with list price of …

Three Chinese airlines have announced plans to acquire a combined 95 Airbus aircraft, including A350 widebodies and A320neo-family jets, as the country’s carriers continue to expand capacity and modernise their fleets.

Air China, Shenzhen Airlines and Hainan Airlines disclosed orders with a combined list-price value of approximately $17.8 billion in filings with the Shanghai Stock Exchange on July 17.

The largest commitment comes from Air China and its subsidiary Shenzhen Airlines, which will acquire a combined 55 aircraft with a stated list value of approximately $12.4 billion.

Air China will purchase 15 Airbus A350-900 widebody aircraft, while Shenzhen Airlines will acquire 40 A320neo-family narrowbodies. Hainan Airlines has separately agreed to purchase 40 A320neo-family aircraft, with the deal valued at up to $5.4 billion at list prices.

Hainan Airlines’ 40 A320neo-family aircraft are scheduled to arrive between 2028 and 2032.

WAM

Read Previous

UAE slams renewed Iranian hostile attacks on Bahrain, Kuwait, Jordan

Read Next

Abu Dhabi real estate transactions reach Dhs117 billion

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular