financetom
Business
financetom
/
Business
/
Taiwan's China Airlines to boost fleet with Airbus jets worth more than $2 billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Taiwan's China Airlines to boost fleet with Airbus jets worth more than $2 billion
Jun 25, 2025 4:17 AM

TAIPEI, June 25 (Reuters) - Taiwan's China Airlines

will spend more than $2 billion to add more Airbus

aircraft to its fleet, consisting of five A350-900

long-haul jets and eight A321neo aircraft for medium and

short-haul routes, it said on Wednesday.

The in the midst of a fleet renewal and last year split an order

for new long-haul aircraft worth almost $12 billion at list

prices between U.S. planemaker Boeing ( BA ) and European rival

Airbus.

In a statement to the Taiwan stock exchange, China Airlines

said that five of the A321s would come from Air Leasing

Corporation at a cost of $240 million, with negotiations ongoing

for the other three aircraft.

The A350s will cost no more than $1.965 billion, or come at

a cost of $1.148 billion for leasing them, the airline said

without providing further detail.

China Airlines' chairman told Reuters this

week that the company was postponing retirement of some of its

older aircraft owing to delays in deliveries of previously

ordered Boeing 787-9 jets.

The airline already operates 15 of the A350-900 aircraft and

its 18th A321 is due to arrive soon.

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 >
Preview: Astera Labs, Inc Set To IPO Tomorrow
Preview: Astera Labs, Inc Set To IPO Tomorrow
Mar 19, 2024
Astera Labs, Inc (NASDAQ:ALAB) IPO will take place March, 20 on the NASDAQ exchange under the ticker ALAB. The company is offering shares at an expected price between $32.00 and $34.00 per share with an insider lock-up period of 180 days ending on September 16, 2024. See also: Benzinga IPO Calendar About Astera Labs, Inc Astera Labs, Inc a singular...
Intra-Cellular Therapies CFO Hineline Retiring, Promotes Halstead to President
Intra-Cellular Therapies CFO Hineline Retiring, Promotes Halstead to President
Mar 19, 2024
11:12 AM EDT, 03/19/2024 (MT Newswires) -- Intra-Cellular Therapies ( ITCI ) said Tuesday that Chief Financial Officer Larry Hineline will be retiring after more than 20 years of service and the company has started an external search for a new CFO. Additionally, the biopharmaceutical company said it has promoted Michael Halstead to the position of president. Halstead is currently...
Curaleaf Strengthens Presence In Germany Via New Cannabis Acquisition
Curaleaf Strengthens Presence In Germany Via New Cannabis Acquisition
Mar 19, 2024
Curaleaf Holdings, Inc. ( CURLF ) announced Tuesday that it has signed a deal to acquire Northern Green Canada (NGC). NGC is a Canadian licensed cannabis producer focused on expanding in the international market via its EU-GMP certification. The company also partners with Canadian GACP cultivators to produce and distribute finished cannabis products to the domestic and global markets. Why...
European Equities Traded in the US as American Depositary Receipts Flat in Tuesday Trading
European Equities Traded in the US as American Depositary Receipts Flat in Tuesday Trading
Mar 19, 2024
11:13 AM EDT, 03/19/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were flat Tuesday morning, nudging 0.08% higher to 1,353.26 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by consumer goods giant Unilever ( UL ) and kidney dialysis company Fresenius Medical Care ( FMS ) , which...
Copyright 2023-2026 - www.financetom.com All Rights Reserved