Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Reuters Investment Profile
$20.00

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Air China Ltd and Subsidiaries to Buy Planes from Airbus


Friday, 24 May 2013 08:00pm EDT 

Air China Ltd announced that the Company and its wholly owned subsidiary, an import and export company (Subsidiary A), have signed a contract with Airbus, to buy 60 A320 planes, and the Company's 51%-owned subsidiary, a Shenzhen-based aviation company (Subsidiary B), has also signed a contract with Airbus, to buy 40 A320 planes. The total price for the 100 planes will be USD 8.853 billion. The planes for the Company and Subsidiary A are expected to be delivered during 2014 to 2020, while the ones for Subsidiary B will be delivered during 2016 to 2020. 

Company Quote

4.99
-0.01 -0.20%
19 Sep 2014