Beijing, December 31 - Air China, China's flagship carrier, has announced a major fleet expansion with the signing of an agreement to purchase 60 Airbus A320neo aircraft in a deal valued at approximately $9.5 billion based on list prices. This significant Airbus order underscores the airline's commitment to modernizing its narrowbody fleet amid growing demand in the Chinese aviation market. The transaction, involving Air China and a subsidiary, highlights the ongoing partnership between the state-owned carrier and the European aircraft manufacturer, reinforcing Airbus's strong position in one of the world's largest aviation sectors.
The 60 A320neo jets, known for their advanced fuel efficiency and reduced emissions, are scheduled for delivery in batches between 2028 and 2032. This Air China Airbus deal comes as part of a broader wave of aircraft acquisitions by Chinese airlines, reflecting confidence in the recovery and long-term growth of domestic and regional air travel. The A320neo family continues to be a preferred choice for single-aisle operations, offering operators like Air China enhanced performance and lower operating costs compared to previous generations.
This substantial investment in Airbus A320neo planes will bolster Air China's capacity to serve high-demand routes efficiently, supporting its role as a leading international and domestic carrier. While actual prices typically include substantial discounts from list values, the order demonstrates strategic planning to meet future passenger needs in a competitive landscape.
Overall, the Air China order for 60 Airbus aircraft marks a key milestone in the airline's fleet renewal strategy, contributing to the sustained expansion of China's aviation industry and Airbus's dominance in the narrowbody segment. This development is poised to enhance connectivity and operational sustainability for the carrier in the coming years.