Tuesday, August 26, 2014

Agreement reached for A320s

China Aircraft Leasing reached an agreement with Airbus to buy four A320 jetliners for an aggregate basic price of about $375.6 million, it said on Tuesday. The company also said in a statement to the Hong Kong stock exchange that it had signed agreements to lease two Airbus A320 aircraft to Sichuan Airlines and another four to Chengdu Airlines. (Source: South China Morning Post, 08/26/14) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala.