Air China Raising Funds For 22 Aircraft Set To Join Fleet Soon

A350
Credit: Rob Finlayson
SINGAPORE—Air China is planning to raise CNY15 billion ($2.2 billion), the bulk of which has been allocated for the purchase of 22 new aircraft. In a stock exchange announcement, the flag carrier said CNY10.8 billion of the proceeds will support the purchase of nine COMAC ARJ21 regional airliners...

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