financetom
Business
financetom
/
Business
/
China Eastern Airlines to buy 101 Airbus aircraft for around $15.8  billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China Eastern Airlines to buy 101 Airbus aircraft for around $15.8  billion
Mar 25, 2026 5:25 AM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-U.S. Federal Trade Commission Says It Has Concerns About Novo Nordisk Bid For Metsera - FTC Letter To Metsera
BRIEF-U.S. Federal Trade Commission Says It Has Concerns About Novo Nordisk Bid For Metsera - FTC Letter To Metsera
Nov 5, 2025
Novo Nordisk A/S: * U.S. FEDERAL TRADE COMMISSION SAYS IT HAS CONCERNS ABOUT NOVO NORDISK BID FOR METSERA - FTC LETTER TO METSERA * FTC IS CONCERNED ABOUT NOVO-METSERA DEAL PROCEEDING WITHOUT FILING FOR HART-SCOTT-RODINO ANTITRUST CLEARANCE * FTC SAYS IT HAS NO POSITION ON WHETHER THE PROPOSED NOVO-METSERA TRANSACTION ABIDES BY ANTITRUST LAW * US SAYS STRUCTURE OF NOVO...
Joby Aviation Stock Rises As FAA-Conforming Aircraft Enters Power-On Testing Phase
Joby Aviation Stock Rises As FAA-Conforming Aircraft Enters Power-On Testing Phase
Nov 5, 2025
Joby Aviation Inc ( JOBY ) shares are gaining on Wednesday after the company revealed it started power-on testing of the first of multiple FAA-conforming aircraft to be constructed for Type Inspection Authorization (TIA). What Happened: Joby Aviation ( JOBY ), a company developing electric air taxis for commercial passenger service, announced it has started power-on testing of the first...
OpenAI Reaches 1 Million Business Customers Globally
OpenAI Reaches 1 Million Business Customers Globally
Nov 5, 2025
02:28 PM EST, 11/05/2025 (MT Newswires) -- Microsoft ( MSFT ) -backed OpenAI said Wednesday it has reached over 1 million business clients globally. The company said it has over 7 million total ChatGPT for Work seats, while ChatGPT Enterprise seats have grown nine times from a year earlier. OpenAI rolled out multiple tools and integrations, including company knowledge, code...
Payoneer Stock Falls Despite Raising FY25 Sales Guidance
Payoneer Stock Falls Despite Raising FY25 Sales Guidance
Nov 5, 2025
Payoneer Global Inc. ( PAYO ) shares were trading higher but have since reversed. The company reported mixed Q3 financial results. What To Know: The company reported earning per share of 4 cents, missing the consensus estimate of 6 cents. Revenue totaled $270.85 million, beating the consensus estimate of $263.37 million. Payoneer raised its fiscal year 2025 sales guidance from...
Copyright 2023-2026 - www.financetom.com All Rights Reserved