Airbus and Air China confirm order for 60 A320neo aircraft worth £9.53 billion

airbus A320

Alphavalue/Divacons | The aerospace and defence company and Air China have formalised an order for 60 A320neo aircraft, valued at $9.53 billion at list price, with deliveries between 2028 and 2032.

The Chinese airline is seeking to modernise its fleet, improve operational efficiency and reduce emissions, given that the A320neo consumes around 20% less fuel.

Airbus: Add, Target Price €227/share.

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