| Air China To Buy 20 Planes Per Year |
Air China plans to buy at least 20 aircraft a year over the next few years, its chairman said, to expand its fleet and retire ageing planes.
The airline agreed this month to buy 20 planes from Boeing, as part of a wider Chinese deal to purchase 80 Boeing 737 single-aisle planes.
The planes would be delivered from 2008, Li said on the sidelines of a meeting with visiting officials from Taiwan's opposition Kuomintang party.
Boeing and European rival Airbus are competing for orders from China, where rising wealth and an increasingly mobile population mean passenger traffic is growing more than 10 percent a year.
Li said opening tourism ties with Taiwan could boost revenues for airlines on both sides of the Taiwan Strait by CNY50 billion yuan (USD$6 billion) a year, with an estimated 8 million people a year expected to take advantage of easier access.
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| Posted on Sunday, April 16 @ 13:24:15 PDT by akzah |
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