BEIJING, March 25 (Reuters) - China Eastern Airlines
signed an agreement with Airbus on
Wednesday to buy 101 A320neo aircraft in a deal worth about
$15.8 billion at list prices, according to a company filing to
the Shanghai Stock Exchange.
The aircraft are scheduled to be delivered to the company in
batches from 2028 to 2032, the filing showed.
Several Chinese carriers including Air China,
Spring Airlines and Juneyao Airlines
revealed plans in December to buy A320neo jets as the major
European aerospace company works to expand its share in the
world's second-largest aviation market.
China Eastern Airlines said the new jets will replace and
update its existing fleet and expand future capacity, boosting
aircraft efficiency, cutting fuel use and operating costs,
according to the filing.
The airline had in 2022 signed an agreement to buy 100
A320neo jets, which were planned to be delivered in batches from
2024 to 2027.
In 2024, China Eastern introduced 35 new aircraft to its
fleet, including Chinese planemaker COMAC's C919 and those from
the A320neo family and Boeing's B787 series, the company's
annual report showed.
Airbus has been in on-off negotiations in recent years to
try to grab a huge order of up to 500 jets in China - a type of
package often tied to state visits - but no deal was announced
when French President Emmanuel Macron visited China in December.