Air China to buy 18 Airbus A320neo jets from GECAS subsidiary.
Air China will buy 18 Airbus A320neo jets from AFS Investments Inc, a subsidiary of aircraft lessor GECAS, the airline said on Thursday, in a boost to Airbus as it competes with Boeing for Chinese market share.
Air China said the order was worth $2.24 billion, based on list prices and deliveries of the narrow-body aircraft were expected to be completed by 2022.
See also: China Eastern Airlines signs purchase 5 C919 aircraft.
Air China last announced a deal with Airbus in 2019, when it bought 20 A350 aircraft.
Boeing’s popular narrow-body 737 MAX jet remains grounded in China following crashes in Indonesia in 2018 and Ethiopia in 2019 that killed 346 people.
Related Topics
Boeing’s quarterly loss shrinks as jet deliveries rebound
Bangladesh Purchases 25 Boeing Aircraft in Key Move to Ease Trade Tensions with U.S.
Unresolved Engine Anti-Ice System Issue Delays 737 MAX 7 and MAX 10 Certification Until 2026
FAA to Review Boeing’s Supply Chain Before Decision on 737 MAX Production Increase
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.