China Eastern Airlines this week firmed an order for 20 A320s, according to a filing with the Shanghai Stock Exchange. Its commitment is part of a 160-aircraft order placed by the Chinese government in 2007 (ATWOnline, Nov. 27, 2007). The Shanghai-based carrier said in yesterday's statement that the order is valued at less than the catalog price of $ 1.45 billion and will be financed through bank loans that will "exert no effect on daily cash flow and operation," although it will raise CEA's ...

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