Pursuits
Boeing Secures Air China Orders for Beleaguered 747-8 Aircraft
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Air China Ltd., the nation’s biggest carrier by market value, agreed to buy two Boeing Co. 747-8 aircraft in the planemaker’s first sale of the models this year.
Air China also will purchase one wide-body 777-300 plane, 20 single-aisle 737-800 jets and eight 777 freighters, according to a statement yesterday. The planes have a combined catalog value of $4.8 billion and Boeing granted “significant price concessions” through credit agreements, the airline said in the statement.