CHINA: Air China signs deal to buy 20 A320 aircraft

Air China has agreed to buy 20 Airbus 320 series aircraft for delivery between 2011 and 2014. The Chinese carrier said in a statement to the Hong Kong Stock Exchange that it would receive significant concessions on aircraft, which have a list price of US$1.63 million each. The additional aircraft will boost Air China’s capacity […]


Air China has agreed to buy 20 Airbus 320 series aircraft for delivery between 2011 and 2014. The Chinese carrier said in a statement to the Hong Kong Stock Exchange that it would receive significant concessions on aircraft, which have a list price of US$1.63 million each. The additional aircraft will boost Air China’s capacity by 5 per cent compared with December 2009 levels. The company intends to use the new aircraft in support of its expansion plans in southwest China and planned network hub in Chengdu.