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July 31, 2010

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Plane purchase

AIR China yesterday said one of its subsidiary airlines would pay US$814 million to buy 10 Airbus A320 passenger planes.

In a statement filed to the Hong Kong stock exchange, the Beijing-based carrier said its subsidiary Shenzhen Airlines and Air China's import agent AIE entered into agreement with Airbus to purchase 10 A320 planes.

 

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