What Happened
Shanghai Carrier Expands Widebody Fleet In $9.5 Billion Deal
China Eastern Airlines has placed an order for 25 Airbus A330neos, valued at approximately $9.5 billion, marking the largest widebody acquisition by a Chinese state-owned carrier in nearly a decade. The Shanghai-based airline announced the order in a June 26 Shanghai Stock Exchange filing. This significant expansion of China Eastern’s widebody fleet is expected to support the airline’s long-haul operations and may indicate a growing trend in Chinese carriers investing in widebody aircraft. The order was reported by Aviation Week.