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Air China To Buy 31 Boeing Aircraft

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Air China will buy 31 jets from Boeing to expand its fleet, the firm said in an announcement filed with the Hong Kong stock exchange on Friday.

The company has agreed to purchase 2 Boeing 747-8Is, 1 Boeing 777-300ER and 20 Boeing 737-800s at a cost about of about USD$2.6 billion and is expecting to take delivery between 2014 and 2015.

Air China Cargo will purchase 8 Boeing 777F aircraft for about USD$2.23 billion, the company said, adding the delivery is expected between 2013 and 2015.

(Reuters)