Air China said it will purchase 20 A330s valued at $3.82 billion, according to a statement obtained by several news services that the carrier issued yesterday to the Hong Kong Stock Exchange. Airbus did not confirm the order. CA said the aircraft will boost its capacity by 16.5% and allow it to increase flight frequencies from Beijing, according to Bloomberg. The airline will use cash, bank loans and debt instruments to pay for the aircraft. Delivery dates were not disclosed.
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