China Development Bank’s aviation unit to buy 80 Airbus A320neo jets

China Development Bank said on Thursday it would buy 80 Airbus A320neo planes with delivery expected to begin in 2030.

The purchase will optimize the fleet structure of its aviation unit and increase the proportion of next-generation aircraft which have high fuel efficiency and wide market penetration, a statement to Hong Kong stock exchange said.

The company said deliveries are expected between 2030 and 2032.

With information from Reuters

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