Air China plans to raise no more than CNY12 billion ($2 billion) by circulating non-public 994 million shares to purchase 15 Boeing 787 aircraft. According an Air China statement released by the Shanghai Stock Exchange, the 15 aircraft will be delivered over the next three years—seven of the will be introduced in 2016, six in 2017 and two in 2018. The Beijing-based carrier plans to operate the 787s on international long-haul routes to the US and Europe, which earns about CNY7.2 ...

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