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AIRYY Air China Limited (PK)

12.10
0.00 (0.00%)
21 Nov 2024 - Closed
Delayed by 15 minutes
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

Air China to Buy 12 Airbus A330-300 Aircraft

01/03/2016 2:11am

Dow Jones News


Air China (PK) (USOTC:AIRYY)
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   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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