In addition to the 20 A320s announced today, Air China’s current fleet includes 55 A320 and 118 B737 family aircraft powered by CFM56-5B and CFM56-3/7B engines, respectively, as well as six A340-300 aircraft powered by the CFM56-5C.
Shares in Air China and China Eastern fell 3.2% and 1.1% in Hong Kong yesterday, respectively, but rose in Shanghai trade. The benchmark Shanghai Composite Index soared 2.1% on expectations of a stronger yuan, which will help lower Chinese airline fuel and aircraft costs.
Asia Pacific selected airlines daily share price movements (% change): 19-Jul-2010
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.