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Name | Symbol | Market | Type |
---|---|---|---|
Air China Limited (PK) | USOTC:AIRYY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.10 | 11.40 | 12.76 | 4,011 | 22:00:00 |
By Joanne Chiu
Air China Ltd. (0753.HK) agreed to buy 12 A330-300 aircraft from Airbus Group SE(AIR.FR) 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. (1055.HK), 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.
Write to Joanne Chiu at joanne.chiu@wsj.com
(END) Dow Jones Newswires
February 29, 2016 20:56 ET (01:56 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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