Wednesday, November 27, 2013

Spring to add 30 A320s

Spring Airlines Co., China's biggest non state-controlled carrier, agreed to buy 30 additional A320 jets and may buy more as government policy shifts to favor discount airlines. The Shanghai-based airline signed an agreement on Nov. 22 for the A320 single-aisle jets pending government approvals. The purchase has a list price of about $2.75 billion. (Source: Bloomberg, 11/26/13) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala.