China Eastern Airlines to buy 25 Airbus A330 neo jets for $9.4 billion
China Eastern Airlines to buy 25 Airbus A330 neo jets for $9.4 billion BEIJING, June 26 (Reuters) - China Eastern Airlines 600115.SS plans to buy 25 A330 neo jets from Airbus AIR.PA for a catalogue price of about $9.4 billion, it said in a filing to the Shanghai Stock Exchange on Friday.
The aircraft are scheduled to be delivered in batches from 2029 to 2033, the Chinese carrier said, adding that the two companies signed the purchase agreement in Shanghai on Friday.
"The transaction will be used for the company to supplement its future transport capacity and to replace and upgrade its existing aircraft models," the filing said.
Recent news on China Eastern Airlines
See all newsSHH Margin Trading -- China East Air Margin Long Amount is 1,040 (x10000) yuan, Short Selling Volume is 7 (x10000) shares
SHH Margin Trading -- China East Air Margin Long Amount is 3,165 (x10000) yuan, Short Selling Volume is 22 (x10000) shares
SHH Margin Trading -- China East Air Margin Long Amount is 3,311 (x10000) yuan, Short Selling Volume is 4 (x10000) shares
SHH Margin Trading -- China East Air Margin Long Amount is 4,134 (x10000) yuan, Short Selling Volume is 27 (x10000) shares
Brief: China Eastern Airlines September Passenger Trips Carried Up 4.1% Y/Y