China Aircraft to buy 50 Airbus jets valued at US$5.42b
China Aircraft Leasing Group Holdings agreed to buy 50 Airbus SE single-aisle airliners that have a combined list price of $5.42b. The transaction for the A320neo aircraft was done through an amendment of a 2014 purchase agreement, and Airbus granted the company “significant price concessions,” China Aircraft Leasing said in a filing to the Hong Kong stock exchange. The lessor, which counts Air China and ANA Holdings among its customers, is expanding along with its competitors amid a flying boom that has China on pace to surpass the US as the world’s biggest aviation market by around 2024. Boeing predicts China will need 6,810 aircraft in the 20 years through 2035.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-12-29/general/china-aircraft-to-buy-50-airbus-jets-valued-at-us-5.42b
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China Aircraft to buy 50 Airbus jets valued at US$5.42b
China Aircraft Leasing Group Holdings agreed to buy 50 Airbus SE single-aisle airliners that have a combined list price of $5.42b. The transaction for the A320neo aircraft was done through an amendment of a 2014 purchase agreement, and Airbus granted the company “significant price concessions,” China Aircraft Leasing said in a filing to the Hong Kong stock exchange. The lessor, which counts Air China and ANA Holdings among its customers, is expanding along with its competitors amid a flying boom that has China on pace to surpass the US as the world’s biggest aviation market by around 2024. Boeing predicts China will need 6,810 aircraft in the 20 years through 2035.<br/>
