Air China buys 20 A320 jets
Source: Agencies |
February 12, 2010, Friday
|
Print Edition
Print Edition
AIR China, one of the country's biggest carriers, said yesterday it plans to buy 20 Airbus A320 jets, expanding its fleet to meet rising demand.
The aircraft, costing a total of US$1.63 billion, will be delivered from 2011 to 2014, the Beijing-based airline said in a statement.
The deal involves "significant price concessions" from Airbus and will increase Air China's fleet capacity by 5 percent, the carrier said.
The new aircraft will help the development of a regional hub in the southwestern city of Chengdu, it said.
A320 jets seat from 107 to 220 passengers and are used for domestic short to medium-range routes, a fast growing part of China's travel market.
Airbus, a unit of EADS, has projected that Asia will need about 8,000 planes costing US$1.2 trillion by 2028.
The aircraft, costing a total of US$1.63 billion, will be delivered from 2011 to 2014, the Beijing-based airline said in a statement.
The deal involves "significant price concessions" from Airbus and will increase Air China's fleet capacity by 5 percent, the carrier said.
The new aircraft will help the development of a regional hub in the southwestern city of Chengdu, it said.
A320 jets seat from 107 to 220 passengers and are used for domestic short to medium-range routes, a fast growing part of China's travel market.
Airbus, a unit of EADS, has projected that Asia will need about 8,000 planes costing US$1.2 trillion by 2028.
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