BEIJING (AP) -- Air China Ltd., one of China's three major state-owned airlines, announced Thursday it is buying 20 Airbus planes in a move to expand its fleet.
The airline said in a statement to the Hong Kong stock exchange that it has agreed to purchase 10 Airbus 330-series and 10 Airbus 350-series planes.
teva From France, joined Jan 2001, 1868 posts, RR: 17 Reply 4, posted (2 years 6 months 1 week 1 day 5 hours ago) and read 8315 times:
Is it a part of the contract signed in Paris a couple of weeks ago, or is it a new order?
(usually, in China, government signs big orders for political reasons, then Chinese airlines take their planes in these large orders)
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Aesma From France, joined Nov 2009, 4795 posts, RR: 9 Reply 13, posted (2 years 6 months 1 week 7 hours ago) and read 4530 times:
So, we have all those "letters of intent" then "agreements" then "orders" then "options", and now we also have announcements of orders that are in fact an airline saying "those were for me". And of course each time an announcement is made the stock exchanges will act on it.
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Thorben From , joined Dec 1969, posts, RR: Reply 14, posted (2 years 6 months 6 days 12 hours ago) and read 4090 times:
Quoting col (Reply 12): My money would be on the 330's being 300 series.
Really? They currently have 3+3 orders of A333 and 20+17orders of A332. Why bet on A332s?
Quoting Aesma (Reply 13): So, we have all those "letters of intent" then "agreements" then "orders" then "options", and now we also have announcements of orders that are in fact an airline saying "those were for me". And of course each time an announcement is made the stock exchanges will act on it.
Indeed. But it's the problem of the stock market if it reacts twice to the same news or reacts to a sale that is relatively small in terms of overall turnover of the company.
RayChuang From United States of America, joined Jun 2000, 7696 posts, RR: 5 Reply 15, posted (2 years 6 months 6 days 10 hours ago) and read 3926 times:
Does the A330-200 have the range to fly PEK-LHR in both directions on a year-round basis?
cerecl From Australia, joined Jul 2008, 648 posts, RR: 0 Reply 16, posted (2 years 6 months 6 days 9 hours ago) and read 3883 times:
Quoting Thorben (Reply 14): They currently have 3+3 orders of A333 and 20+17orders of A332. Why bet on A332s?
Actually, the 3xA333 CA currently operates were leased from AerCap. And according to Airbus's Excel file the division is 30 A332 and 10 A333, not counting the latest order of course.
As to what models the latest 10 A330 might be. CA announced that the listed price of 10 A330 was US$1.96B, this seems to suggest that it is referring to A332? It will also be interesting to see how CA differentiates the roles of 787-9 and A359 (presumed, as CA recently ordered 77W (no need for A3510?) and why order A358 while having 787-9 on order?).
"Rolls-Royce, the global power systems company, has won an order from Air China for engines to power a total of 20 new Air China Ltd aircraft, comprising ten Airbus A350 XWBs and ten A330s. The contract, worth $1.8bn at list prices, includes a TotalCare® long-term service agreement.
Rolls-Royce will provide Trent XWB engines for the A350 XWBs and Trent 700 engines for the A330s."
It also appears to answer the question of whether this order for 10 x A330 is "new" or not.
"He Li, Air China Ltd Senior Vice President, said: "We look forward to bringing the Trent XWB into service with our airline to provide us with fuel-efficient power for the A350 XWB and adding to our Trent 700-powered fleet. We have now selected this engine on four separate occasions. Our Trent-powered fleet now stands at 78 aircraft either in service or on order."
They have 43 A330s in service or on order (40 purchased directly and 3 leased).
Add 15 x 787 = 58
Add 10 x A350 = 68
Add 10 x A330 = 78.
So we are given to understand that the 10 x A350 were part of the big order announced earlier this month but the 10 x A330 were not? Is that how others read it too?
AirbusA6 From United Kingdom, joined Apr 2005, 1913 posts, RR: 0 Reply 20, posted (2 years 6 months 4 days 13 hours ago) and read 3142 times:
Wa surprised that this engine order made the radio news bulletin this morning on the BBC (5 live), I imagine RR's PR advisors want some positive news in the media, after the difficulties over the last 2 weeks!
And as Cameron was in China recently, I guess he'd like to benefit from the order polically as well
it's the bus to stansted (now renamed national express a4 to ruin my username)
frigatebird From Netherlands, joined Jun 2008, 1199 posts, RR: 1 Reply 22, posted (2 years 6 months 4 days 9 hours ago) and read 2892 times:
Quoting cerecl (Reply 16): As to what models the latest 10 A330 might be. CA announced that the listed price of 10 A330 was US$1.96B, this seems to suggest that it is referring to A332? It will also be interesting to see how CA differentiates the roles of 787-9 and A359 (presumed, as CA recently ordered 77W (no need for A3510?) and why order A358 while having 787-9 on order?).
I won't be surprised if the 10 A330's ordered now are partly to cover the capacity of the delayed 787-8, so A332's make sense. The A350's are most like replacements for the 777-200's, so I would expect them to be the -900 version. And with 77W's to replace the 744's, CA's widebody fleet will consist of:
A330-200/300 (53x)
Boeing 787-9 (15x)
A350-900 (10x)
Boeing 777-300ER (19x)
Nicely balanced, efficient fleet
And I hear so often Chinese fleet planners don't know what they're doing, or at least their decisions are politically driven
In due time, when CA sees a good market opportunity, I expect them to add VLA's, the A380 a clear favourite.
col From Malaysia, joined Nov 2003, 2040 posts, RR: 22 Reply 23, posted (2 years 6 months 4 days 6 hours ago) and read 2766 times:
Quoting Thorben (Reply 14): Really? They currently have 3+3 orders of A333 and 20+17orders of A332. Why bet on A332s?
I should have said hoped 333's. Got stuck in the usual China Air Traffic delays this morning, higher capacity is needed or sort the Air Traffic out, it is getting like the North East USA when it gets cloudy!!
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The "new" part of the "big order" contained only 6xA330, so the A330 order has to be an additional order.
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