China Eastern Airlines has placed an order for 15 Airbus A330s in a deal worth $3.63 billion at list prices. It will take delivery of seven aircraft in 2017 and the rest in 2018. As predicted, the Shanghai-based carrier reported a first-half net profit of CNY3.56 billion ($556.4 million), up sharply from a net income of CNY15 million in year-ago half. It credited strong travel demand and lower fuel prices for the much-improved performance. First-half operating revenue rose 3.9% to CNY44.3 ...

Subscribe to Access this Entire Article

"China Eastern orders 15 A330s; reports sharp rise in 1H profit" 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.