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China Eastern close to US$6 billion deal for 20 Boeing 777
By Yang Jian |
April 27, 2012, Friday
|
Online Edition
Online Edition
CHINA Eastern Airlines, the country's second-biggest domestic carrier, is close to signing a US$6 billion order for 20 long-haul Boeing 777 planes, a company executive said.
A contract will be signed within days, said the executive who declined to be identified.
The order for 20 wide-body Boeing 777s will allow the US plane maker to recover from a setback when China Eastern cancelled an order for 24 Boeing 787 Dreamliners last year.
The order also follows a rivalry between Boeing and Airbus as China Eastern withheld a US$3 billion order for 15 Airbus A330 aircraft last October, according to a report by the Reuters.
Luo Yueping, board secretary of China Eastern Airlines, said the company's commercial needs will determine whether it will continue to purchase Airbus jets.
The deal with Boeing emerged following a recent trade dispute between China and Europe over the Emission Trading Scheme.
China and more than 20 nations are opposed to the EU plan to force airlines to pay carbon emission taxes on flights to and from Europe, which the EU says is needed to meet its climate targets. Airbus has said some plane sales could be threatened.
A contract will be signed within days, said the executive who declined to be identified.
The order for 20 wide-body Boeing 777s will allow the US plane maker to recover from a setback when China Eastern cancelled an order for 24 Boeing 787 Dreamliners last year.
The order also follows a rivalry between Boeing and Airbus as China Eastern withheld a US$3 billion order for 15 Airbus A330 aircraft last October, according to a report by the Reuters.
Luo Yueping, board secretary of China Eastern Airlines, said the company's commercial needs will determine whether it will continue to purchase Airbus jets.
The deal with Boeing emerged following a recent trade dispute between China and Europe over the Emission Trading Scheme.
China and more than 20 nations are opposed to the EU plan to force airlines to pay carbon emission taxes on flights to and from Europe, which the EU says is needed to meet its climate targets. Airbus has said some plane sales could be threatened.
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