Chinese airlines order 95 Airbus jets with list price of $17.8 billion to expand fleets
- Air China and its unit Shenzhen Airlines agreed to buy 55 Airbus aircraft for a total list price of $12.4 billion, expanding capacity and modernizing their fleets with fuel-efficient jets.
- The order includes 15 A350-900 wide-body jets for Air China and 40 A320neo-family narrow-body aircraft for Shenzhen Airlines, expected to boost total capacity by about 7.1% and 4.3% respectively.
- Air China on Tuesday flagged a net loss of up to 2.6 billion yuan for the first half of the year, saying elevated fuel prices had "drastically squeezed" its profit margins.
- Other Chinese carriers are also placing large orders with Airbus; China Eastern Airlines recently planned to buy 25 A330neo jets and 101 A320neo aircraft for about $9.35 billion and $15.8 billion respectively.
- Both airlines will fund the purchases through a mix of their own funds, commercial bank loans, and other financing arrangements, while Air China noted actual transaction prices will be lower due to Airbus discounts.
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Chinese airlines order 95 Airbus jets with list price of $23b to expand fleets
HONG KONG - Three Chinese airlines will buy a combined 95 Airbus aircraft for a total list price of about US$17.8 billion (S$23 billion), as carriers in the world's second-largest aviation market push to expand capacity and modernise their fleets with more fuel-efficient jets.Air China and its unit Shenzhen Airlines will buy 55 Airbus aircraft for a total list price of US$12.4 billion, while Hainan Airlines separately agreed to purchase 40 A320n…
The European aircraft manufacturer Airbus has received a major order from China.
Air China orders 15 A350s, 40 A320neos for Shenzhen Airlines
Air China has informed the Shanghai Stock Exchange of the purchase of 15 A350-900 widebodies, with an additional order for 40 A320neo family aircraft for its subsidiary Shenzhen Airlines. On July 17, 2026, Air China declared that the 55 Airbus jets would cost a total of $12.44 billion, with the A350-900s priced at $6.09 billion and the Airbus A320neos for Shenzhen Airlines at around $6.35 billion. In the financial statement to the stock exchange…
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