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Wed, December 31, 2025 astatine 8:55 AM CST 1 min read
Air China announced that the institution and AIE entered into the Air China Aircraft Purchase Agreement with Airbus (EADSY) Company, pursuant to which the institution has agreed to acquisition 60 Airbus A320NEO bid craft from Airbus. “The database terms of the Airbus Aircraft to beryllium acquired by the Company, successful aggregate, is astir $9.53 billion. Airbus Company has granted to the Company sizeable terms concessions with respect to the Airbus Aircraft. These concessions volition instrumentality the signifier of recognition memoranda which whitethorn beryllium utilized by the Company towards the last terms outgo of the Airbus Aircraft to beryllium acquired by the Company oregon whitethorn beryllium utilized for the intent of purchasing goods and services from Airbus Company. Such recognition memoranda were determined aft arm’s magnitude negotiations betwixt the parties and arsenic a result, the existent information for the Air China Aircraft Purchase is little than the craft database terms mentioned above,” the institution stated successful a announcement to the Hong Kong banal exchange.
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