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Economy

CALC buys 50 Boeing aircraft

1
2017-06-16 09:38Global Times/Agencies Editor: Li Yan ECNS App Download

China Aircraft Leasing Group Holdings (CALC) said that it would buy 50 Boeing 737MAX series aircraft from Boeing for an aggregate list price of $5.8 billion, to meet demand for more efficient aircraft while expanding its fleet portfolio.

The aircraft lessor's unit had agreed to buy the Boeing aircraft, in a deal to be settled from internal resources and loans and other borrowings, the company said in a filing to the Hong Kong bourse on Thursday.

  

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