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Air China to order 15 777s, 30 737s
In conjunction with its effort to enhance its "Beijing hub" strategy and boost domestic and international frequencies from the capital, Air China plans to order 15 777s and 30 737s.
According to a CA statement released yesterday by the Shanghai Stock Exchange, the airline negotiated a deal less than the $6.3 billion list price for the 45 aircraft, which will be delivered between 2011 and 2015 and will boost its capacity by 35%. The order still requires approval from CA shareholders and the Chinese government.