Air China has ordered 12 Airbus A330-300 aircraft, valued at $2.93 billion at list prices, according to a carrier statement. The aircraft are scheduled for delivery between 2016 and 2018. This deal, which still needs government approval, is expected to boost capacities by 5.6%. The Beijing-based carrier is expected to report a 60%-80% net profit year-over-year increase for 2015, compared to a net income of CNY3.78 billion ($614 million) in 2014, due to capacity increases, robust market ...

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