Caixin
Sep 29, 2023 02:05 AM
BUSINESS

China’s Plane-Maker Gets $9.9 Billion Order for 100 C919 Jetliners

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(Bloomberg) — China Eastern Airlines Corp. ordered 100 C919 single-aisle planes from Commercial Aircraft Corp. of China Ltd., dealing a potential blow to Boeing Co., which hasn’t had a large order from Chinese carriers in years.

The order is worth $9.9 billion at list prices, but a significant discount was applied, Shanghai-based China Eastern said Thursday in a statement. Airlines typically get reductions from list prices when making bulk orders. The planes will be delivered from 2024 to 2031.

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