Air China raising funds to buy 787s, predicts 1H net profit to soar

Credit: Rob Finlayson
Air China plans to raise no more than CNY12 billion ($2 billion) by circulating non-public 994 million shares to purchase 15 Boeing 787 aircraft. According an Air China statement released by the Shanghai Stock Exchange, the 15 aircraft will be delivered over the next three years—seven of the will be...

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