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5/28/13

European Aircraft Industry: Air China orders 100 Airbus A320 aircraft valued at $8.8 billion - by Kelli Dugan

Air China announced Friday it has ordered 100 Airbus A320 family aircraft worth $8.8 billion at list price, The Economic Times reports.

According to a statement issued by Air China, 60 of the single-aisle planes will be used by the airline itself, while the other 40 are being purchased for its subsidiary Shenzhen Airlines.

The Times report also stated an Air China notification sent to the Hong Kong Stock Exchange indicates the purchase will not only expand the group’s overall fleet capacity but its structure as well.

Read more: Air China orders 100 Airbus A320 aircraft valued at $8.8 billion | al.com

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