China Aircraft to Buy 50 Airbus Jets Valued at $5.42 Billion

Beijing, China Aircraft Leasing Group Holdings Ltd. agreed to buy 50 Airbus SE single-aisle airliners with a combined list price of $5.42 billion to help meet surging air travel demand in an aviation market set to surpass the U.S. as the world’s biggest.

China Aircraft Leasing is expanding its fleet along with competitors amid a flying boom that would make China the largest air-travel market possibly as soon as around 2022, according to estimates by the International Air Transport Association.

Source: Jordan News Agency