Industryweek 3834 Airchina

Air China to Buy 31 Boeing Planes

March 1, 2013
"The Boeing Company has granted to the Company significant price concessions with regard to the Boeing Aircraft," Air China said. 

WASHINGTON — Air China signed an agreement Friday to buy a total 31 Boeing passenger and cargo planes from Boeing, the Chinese flag carrier said.

Air China said it would purchase 20 Boeing 737-800 aircraft, two Boeing 747-8 aircraft, one Boeing 777-300ER aircraft and eight Boeing 777 cargo planes.

The total value of the deal is $5.2 billion at current Boeing list prices.

"The Boeing Company has granted to the Company significant price concessions with regard to the Boeing Aircraft," Air China said in a statement.

The deal is subject to Chinese government approval.

Boeing spokesman Jim Proulx said Boeing would announce the order upon government approval.

"We look forward to working with Air China, a long-time valued customer, to obtain approval," he said.

Copyright Agence France-Presse, 2013

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