Finance

Air China to buy 60 Airbus planes worth $9.5 billion

Published by Global Banking & Finance Review

Posted on December 30, 2025

1 min read

· Last updated: January 20, 2026

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Air China to buy 60 Airbus planes worth $9.5 billion
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BEIJING, Dec 30 (Reuters) - China's flagship carrier Air China said on Tuesday that it and a subsidiary have signed an agreement with Airbus to purchase 60 A320NEO jets in a deal worth around $9.5

Air China Signs $9.5 Billion Deal for 60 Airbus Planes

BEIJING, Dec 30 (Reuters) - China's flagship carrier Air China said on Tuesday that it and a subsidiary have signed an agreement with Airbus to purchase 60 A320NEO jets in a deal worth around $9.5 billion at list prices.

The planes will be delivered in batches from 2028 through 2032, Air China said in a filing to the Shanghai Stock Exchange.

The deal follows similar announcements this week by several other Chinese carriers, including Spring Airlines and Juneyao Airlines, which also disclosed plans to buy Airbus jets.

(Reporting by Ethan Wang and Ryan Woo; Editing by Joe Bavier)

Key Takeaways

  • Air China to buy 60 Airbus A320NEO jets.
  • Deal valued at $9.5 billion at list prices.
  • Deliveries scheduled from 2028 to 2032.
  • Other Chinese carriers also purchasing Airbus jets.
  • Agreement filed with the Shanghai Stock Exchange.

Frequently Asked Questions

What is an Airbus A320NEO?
The Airbus A320NEO is a modern, fuel-efficient aircraft designed for short to medium-haul flights, featuring new engines and aerodynamic improvements.
What is a subsidiary?
A subsidiary is a company that is completely or partially owned and wholly controlled by another company, known as the parent company.
What is a financial investment?
A financial investment involves allocating money to an asset with the expectation of generating a profit or income over time.

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