Chinese airline Air China and its subsidiary Shenzhen Airlines will purchase 55 aircraft from European manufacturer Airbus. The new planes are intended to help the Chinese national carrier expand its transport capacity and modernize its fleet. Air China announced this today on the Shanghai stock exchange. The catalog price of the order amounts to USD 12.4 billion, but aircraft manufacturers offer significant discounts on larger orders.
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Airbus Celebrates in China: Air China and Shenzhen Airlines Buying 55 Aircraft
Air China wants to purchase 15 A350-900 aircraft, which have twin aisles and are suitable for long-haul routes. Shenzhen Airlines will then acquire 40 aircraft from the A320neo series, which are used for shorter flights and have a single aisle. The aircraft are scheduled to be delivered between 2029 and 2032. Chinese airlines are continuing their post-COVID-19 pandemic fleet recovery and expansion. Air China stated that the new aircraft will help optimize its fleet structure and route network, improve operational efficiency, and reduce costs.
The deal is another significant success for Airbus, which has built a lead over its rival American Boeing in the world’s second-largest aviation market in recent years. China typically orders aircraft from both companies in large quantities and then distributes them among its state-owned airlines.
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In March, Airbus received an order for 101 A320neo aircraft from China Eastern Airlines. At the end of last year, state-owned Air China purchased 60 Airbus aircraft, and at the same time, Airbus also signed contracts to supply aircraft to private companies Spring Airlines and Juneyao Airlines.
Boeing is trying to end a long period without orders in China. During U.S. President Donald Trump’s visit to the country in May, Trump announced that China had agreed to order 200 large Boeing aircraft. However, it remains unclear which aircraft were part of the deal. Prior to this announcement, China had not placed any significant aircraft order with Boeing since Trump’s last visit in 2017, Bloomberg reported.
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