Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Air China signs deal to purchase 60 Boeing B737 aircraft

Chinese workers check Air China aircrafts at Beijing Airport.

 

Air China Ltd , the country’s flag carrier, said Monday it signed an agreement to order 60 Boeing B737 planes for a total price of $5.9 billion.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

The aircraft are to be delivered between 2016 and 2020 per the agreement, which was disclosed Monday in a Air China regulatory filing.

The order comes four months after Boeing Co won an order for 80 737 planes from Singapore-based BOC Aviation.

Boeing said in September it expects China to need more than 6, 020 aircraft in the next 20 years, an 8 percent rise over last year’s two-decade estimate, as growing overseas leisure travel drives demand.

That same month Boeing delivered the first of seven 747-8 Intercontinental jumbo jets to Air China, which was one of the few carriers to order the fuel efficient aircraft.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...