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Volume 14,Issue 3 Autumn 2012

Air China Buys 20 Boeing 737-800


Air China announced on June 26 that Air China and AIE( Air China Import-Export Co. Ltd.)signed a Purchase Agreement with Boeing to buy 20 Boeing 737-800 airplanes. Being the daughter company totally financed by Air China, AIE acted as the importer representative for this deal. The base price total of Boeing aircraft purchased for this transaction is 1.398 billion US dollars. Since Air China and Boeing have signed the credit memorandum, the actual purchasing price is lower than the previous mentioned base price.

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