China Southern Joins Deal Frenzy for C919 Jet to Rival Duopoly [BNN Bloomberg (Canada)]
China Eastern Airlines Corporation Ltd. (CEA)
US:NYSE Investor Relations:
irasia.com/listco/hk/chinaeast/annual/index.htm
Company Research
Source: BNN Bloomberg
The Guangzhou-based carrier's purchase is valued at US$9.9 billion at list prices, it said in an a filing Monday. Read More: Air China Orders Homegrown C919s in Challenge to Jet Duopoly The deal means China's three largest state-owned carriers have now ordered a combined 300 single-aisle jets from Commercial Aircraft Corp of China Ltd., while maintaining large a backlog with Airbus and Boeing. Read More: China's Planemaker Gets $9.9 Billion Order for 100 C919 Jets China Eastern Airlines Corp Ltd. kicked off the mega-orders on Sept. 29, striking a deal with the planemaker better known as Comac for 100 single-aisle aircraft. Last week, Air China also announced a plan to buy 100 units of the jet, which is similar in size to the Airbus A320 and the Boeing 737. ©2024 Bloomberg L.P.
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