Air China plans to buy 20 A350-900 aircraft from Airbus
Reuters
Published Jul 11, 2019 06:15AM ET
Air China plans to buy 20 A350-900 aircraft from Airbus
BEIJING (Reuters) - Air China (SS:601111), China's flagship carrier, will buy 20 A350-900 jets from Airbus SE (PA:AIR) worth $6.54 billion based on list prices, the carrier said on Thursday.
Air China, which has 10 of the fuel-efficient widebody aircraft in its fleet already, said the deliveries were scheduled from 2020 to 2022.
It was not immediately clear if the order would bolster the Airbus order book or if it had previously been attributed to an unidentified customer. Airbus did not respond immediately to requests for comment.
A fresh order would help Airbus narrow a deficit in widebody orders against Boeing (NYSE:BA) as trade tensions persist between the United States and China.
Boeing won a positive total of 61 widebody orders in the first half this year against Airbus' negative tally of 35 jets, meaning the European company had more cancellations than orders for twin aisle aircraft in the period.
Air China said it has the right to swap 5 out of 20 jets for the larger A350-1000.
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Written By: Reuters
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