Thursday, December 23, 2010

Shandong Airlines to purchase 15 Boeing planes

China's Shandong Airlines said on Friday it plans to purchase 15 Boeing passenger planes worth up to US$1.2 billion amid fast-growing demand for air travel in the increasingly flourishing country.

The catalogue price of each Boeing 737-800 aircraft is between US$75 million and US$80 million however the US aerospace giant is offering not mentioned price concessions, the airline told the Shenzhen Stock Exchange and the 15 planes will be delivered between 2014 and 2015.

Airbus spokesman Rainer Ohler said that in September China would be the number one aviation market in the next 20 years, unseating the United States.

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