Air China to buy 20 A350-900 wide-body aircraft from Airbus
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July 12, 2019 - by Reporting by Stella Qiu and Se Young Lee in Beijing and Tim Hepher in Paris; Editing by Himani Sarkar and Christopher Cushing for reuters.com
Air China Ltd (601111.SS), China's flagship carrier, will buy 20 A350-900 jets from Airbus SE (AIR.PA), both companies said, bolstering the European planemaker's order book for wide-body jets against Boeing Co (BA.N) amid Sino-U.S. trade tensions.
Air China on Thursday said the order is worth $6.54 billion, based on list prices, and that deliveries were scheduled from 2020 through 2022. It also said it has the right to swap five of the 20 jets for the larger A350-1000...