SFGate: Chinese airlines announce purchase of 60 Boeing jetliners for $7.3 billion

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This article was sent to you by someone who found it on SFGate.
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inancial0649EST0025.DTL
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Friday, January 28, 2005 (AP)
Chinese airlines announce purchase of 60 Boeing jetliners for $7.3 billion



   (01-28) 03:49 PST BEIJING (AP) --
   Six Chinese airlines signed a deal Friday to buy 60 of Boeing Co.'s new
7E7 jetliners for a combined $7.3 billion, one of the carriers announced.
   It was the biggest single aircraft purchase to date by Chinese airlines
and gives Boeing a boost in its competition with European rival Airbus for
business in China.
   The first of the so-called super-efficient jetliners will be delivered in
2008, Xiamen Airlines Co. said in a statement.
   The other carriers are Air China, China Southern Airlines, China Eastern
Airlines Co., Shanghai Airlines Co. and Hainan Airlines Co., the statement
said.
   Xiamen Airlines said it plans to introduce a 7E7 aircraft each year duri=
ng
2008 and 2010.

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Copyright 2005 AP

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