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Two jet planes of China Eastern Airlines are seen at the Hongqiao International Airport in Shanghai. [File photo/dfic.cn] |
BEIJING - China Eastern Airlines, a major Chinese airliner, has signed an agreement with global aircraft maker Airbus for the purchase of 70 Airbus A320NEO planes for $6.37 billion.
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The company said that it will finance the deal through income from business operations, bank loans, and other financing tools. It said the purchase will not have a major impact on liquidity and its business operations.
It said that the new planes aim to cater to the rising demand for medium and short-distance trips.
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