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 ...

Subscribe to Access this Entire Article

"Air China orders 12 A330-300 aircraft " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.