Air China to buy four Boeing 777s Hong Kong (AFP) Sept 11, 2010 Air China announced a deal to buy four airliners from Boeing on Friday, citing a list price of 1.15 billion dollars but saying it received "significant price concessions" on the transaction. The flag-carrier did not name the actual price it would pay for the planes, but said it enjoyed a similar discount in another deal with Boeing last month. In a statement to the Hong Kong stock exchange, Air China said it expected to take delivery of the Boeing 777-300 planes between mid-2013 and mid-2014. The airline said the new planes would increase its fleet capacity by four percent and improve services for travellers. "The transaction would optimise the fleet structure of the Company and is in line with the market requirements for the Company," the Air China statement said. "The Company expects the Boeing aircraft will deliver more cost-efficient performance and provide more comfortable services to passengers." In June Air China announced a deal to buy 20 short-to-medium range Boeing 737-800s, with a list price of 1.4 billion dollars, to meet growing demand. Boeing opened an aircraft maintenance hanger at Shanghai's Pudong Airport last October and in the same month predicted China's aviation market would produce orders for 3,710 new commercial aircraft over the next 20 years.
Share This Article With Planet Earth
Related Links Aerospace News at SpaceMart.com
Lufthansa traffic rises as A380 takes off for China: airline Frankfurt (AFP) Sept 9, 2010 The leading German airline, Lufthansa, said Thursday that passenger traffic was up by 9.2 percent in August, that it had begun flying an Airbus A380 to Beijing and would soon fly one to Johannesburg. Freight operations had benefitted from a pick-up in global trade meanwhile, the airline said in a statement. The number of Lufthansa passengers climbed to 5.4 million last month, while the n ... read more |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |