Taiwan's China Airlines splits $11.9 billion aircraft deal between Boeing and Airbus [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
renewal between Boeing and European rival Airbus and buy freighters from the U.S. planemaker in a closely watched deal worth almost $12 billion. Taiwan's largest carrier had been considering the 777X, of which the 777-9 is a variant, and A350-1000 as replacements for its fleet of 10 Boeing 777-300ERs and to provide capacity for future growth, sources have told Reuters previously. China Airlines said on Thursday that it would buy 10 Boeing 777-9 aircraft and 10 Airbus A350-1000s as well as four 777-8 freighter aircraft for $11.9 billion, with deliveries for the new aircraft starting from 2029. "China Airlines has been actively planning its fleet size and is steadily expanding its presence in the global passenger and cargo markets," it said in a statement. The A350s will be powered by Rolls-Royce engines while the 777-9s will be powered by GE engines, it added. Multibillion-dollar deals for new aircraft often have to take political as well as business considerations into accou
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BA
Earnings
- 10/23/24 - Miss
BA
Sec Filings
- 12/20/24 - Form 424B3
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- BA's page on the SEC website