Finance
Air China to buy 60 Airbus planes worth $9.5 billion
Published by Global Banking & Finance Review®
Posted on December 30, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 30, 2025
1 min readLast updated: January 20, 2026
Air China and a subsidiary will purchase 60 Airbus A320NEO jets for $9.5 billion, with deliveries from 2028 to 2032. This follows similar announcements by other Chinese airlines.
BEIJING, Dec 30 (Reuters) - China's flagship carrier Air China said on Tuesday that it and a subsidiary have signed an agreement with Airbus to purchase 60 A320NEO jets in a deal worth around $9.5 billion at list prices.
The planes will be delivered in batches from 2028 through 2032, Air China said in a filing to the Shanghai Stock Exchange.
The deal follows similar announcements this week by several other Chinese carriers, including Spring Airlines and Juneyao Airlines, which also disclosed plans to buy Airbus jets.
(Reporting by Ethan Wang and Ryan Woo; Editing by Joe Bavier)
The Airbus A320NEO is a modern, fuel-efficient aircraft designed for short to medium-haul flights, featuring new engines and aerodynamic improvements.
A subsidiary is a company that is completely or partially owned and wholly controlled by another company, known as the parent company.
A financial investment involves allocating money to an asset with the expectation of generating a profit or income over time.
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