SFGate: Air China to buy 20 Airbus A330-200 aircraft

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This article was sent to you by someone who found it on SFGate.
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inancial2346EST0002.DTL
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Wednesday, January 26, 2005 (AP)
Air China to buy 20 Airbus A330-200 aircraft



   (01-26) 20:46 PST HONG KONG (AP) --
   Air China Ltd. has signed an agreement with Airbus to buy 20 of its
A330-200 aircraft, the Chinese flag carrier said Thursday.
   The airline said in a disclosure that it will pay a lower price for the
new planes than their catalogue value of about $2.86 billion, but did not
give an exact amount.
   Air China said the new jets will mainly serve international routes in
Europe, Australia and North America.
   The company said the transaction would be funded internally and through
commercial bank loans.

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Copyright 2005 AP

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