Shenzhen Airlines Buys 46 Boeing 737 Planes for US$4.30 Billion
June 03 2015 - 8:05AM
Dow Jones News
By Anjie Zheng
HONG KONG--Shenzhen Airlines will purchase 46 planes from Boeing
Co. (BA) for US$4.30 billion, the carrier's parent, Air China Ltd.
(0753.HK), said in an exchange filing Wednesday.
Shenzhen Airlines, which currently owns a fleet of "more than
100" aircraft, according to its website, will receive the planes in
stages between 2016 and 2020.
The deal for the Boeing 737 planes increases Air China's fleet
by 6%, the company said.
Air China took control of Shenzhen Airlines in April 2010 in a
bid to expand its presence in southern China.
Write to Anjie Zheng at anjie.zheng@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Air China (PK) (USOTC:AIRYY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Air China (PK) (USOTC:AIRYY)
Historical Stock Chart
From Jul 2023 to Jul 2024