China budget carrier Spring eyes $3 bln A320 order

SINGAPORE Wed Feb 19, 2014 4:29am EST

SINGAPORE Feb 19 (Reuters) - Chinese low-cost carrier Spring Airlines is set to make an order for up to 30 Airbus A320 aircraft worth $3 billion at list prices, the company's chairman told Reuters.

The airline hopes to divide the order between the current model of the Airbus A320 and the re-engined A320neo, Wang Zhenghua said in an interview in Singapore.

The additional aircraft will help boost capacity and preserve market share as more airlines enter the Chinese low-cost market in the next year, and as the demand for both leisure and business travel continues to grow domestically.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.