Xi’an-based Joy Air has placed an order for up to 60 MA60 aircraft, comprising 30 firm orders and a letter of intent for 30. According to the written statement released by the manufacturer, AVIC Xi’an Aircraft Industry Co., the deal is worth CNY2.7 billion ($437 million) at current list prices. The aircraft are scheduled for delivery from 2015. AVIC, which is the controlling stakeholder of Joy Air, owns a 95% stake. The carrier currently operates a single fleet of eight MA60s on ...

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