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...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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