Air China Buys 12 Airbus A330-300 Aircraft Worth $2.93 Billion
Source : Our Bureau ~ Dated : Tuesday, March 1, 2016 @ 10:37 AM
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Hongkong-based Air China Ltd has agreeed to buy 12 A330-300 aircraft from Airbus Group SE for a combined list price of US$2.93 billion.

The Chinese flag carrier said in a filing that the medium-haul aircraft, which will be delivered between 2016 and 2018, are expected to increase its capacity by about 5.6%.

The latest deal comes after rival China Southern Airlines Co., the nation's biggest airline by fleet size, in December sealed a deal to buy 10 A330-300 aircraft from Airbus for a combined list price of US$2.27 billion.

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