hollywoodtone.blogspot.com China budget carrier Spring eyes $3 billion A320 order
hollywoodtone.blogspot.com China budget carrier Spring eyes $3 billion A320 order
SINGAPORE (Reuters) - Chinese low-cost carrier Spring Airlines is set to make an order for up to 30 Airbus <AIR.PA> A320 aircraft worth $3 billion at list prices, the company's chairman told Reuters.
The airline hopes to divide the order between the current model of the Airbus A320 and the re-engined A320neo, Wang Zhenghua said in an interview in Singapore.
The additional aircraft will help boost capacity and preserve market share as more airlines enter the Chinese low-cost market in the next year, and as the demand for both leisure and business travel continues to grow domestically.
(Reporting by Siva Govindasamy Editing by Jeremy Laurence)
hollywoodtone.blogspot.com China budget carrier Spring eyes $3 billion A320 order