Air China to Buy 12 Airbus A330-300 Aircraft
01 March 2016 - 1:11PM
Dow Jones News
By Joanne Chiu
Air China Ltd. (0753.HK) agreed to buy 12 A330-300 aircraft from
Airbus Group SE(AIR.FR) for a combined list price of US$2.93
billion.
The Chinese flag carrier said in a filing that the medium-haul
aircraft, which will be delivered between 2016 and 2018, are
expected to increase its capacity by about 5.6%.
The latest deal comes after rival China Southern Airlines Co.
(1055.HK), the nation's biggest airline by fleet size, in December
sealed a deal to buy 10 A330-300 aircraft from Airbus for a
combined list price of US$2.27 billion.
Write to Joanne Chiu at joanne.chiu@wsj.com
(END) Dow Jones Newswires
February 29, 2016 20:56 ET (01:56 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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