Air China invested 1.628 billion U.S. dollars to buy 20 Airbus A320

Keywords Air China   Date Wednesday, February 10, 2010   From Chinahourly    Views

Air China, one of the three largest companies in the field of civil aviation in the country Thursday that the 20 Airbus A320s it has ordered the promotion of capacity to demand.

In a statement to the Shanghai Stock Exchange, Air China said the aircraft will be between $ 1.63 billion deal in stages since 2011, sent in 2014.

Air China, provides that the fleet capacity by about 5 per cent increase for the transaction, the statement adding that the initiative focuses on supporting the emergence of the platform in Chengdu, strengthening the capacity of the fleet south-west China, and contribute to promote flights East - China to some extent.

Air China will make payments in cash, then the declaration.

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