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.