Air China to buy 31 Boeing passenger, cargo airplanes

Air China to buy 31 Boeing passenger, cargo airplanes

WASHINGTON - Air China signed an agreement Friday to buy a total 31 Boeing passenger and cargo planes from US aerospace giant 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 US$5.2 billion (S$6.4 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.

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