China Eastern Airlines (MU) placed an order for 20 Boeing 777-300ERs in an order worth $5.94 billion at list prices, according to the carrier’s statement released by Shanghai Stock Exchange. The deal must be approved by the Chinese government. The aircraft will be delivered between 2014 and 2018. The Shanghai-based carrier said it will sell five Airbus A340-600s to Boeing in 2014 and 2015 as part of the 777 payment. The 777s will replace the A340s on international long-haul routes ...

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