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Taiwan's China Airlines plans to buy 10 aircraft

Taiwan's leading carrier China Airlines plans to buy up to 10 fuel-efficient passenger aircraft at a price of several billion dollars, the company and media said Thursday.

The planes, either Boeing 777-300ERs or Airbus A350-1000s, will replace its fuel-hungry 747-400s which are due to be retired no later than 2015, the Taipei-based Economic Daily cited company president Sun Huang-hsiang as saying.


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He was not quoted as saying when China Airlines would buy the planes, or how much they would cost, but the paper estimated the cost at around Tw$70 billion ($2.3 billion).

A company spokesman confirmed the plan when approached by AFP.

The airline lost Tw$940 million ($31.33 million) in the three months to March, as the average oil price surged by $11 from last year to $132 per barrel in the first quarter.

Taiwan's EVA Airways in May ordered three Boeing 777-300ER passenger aircraft, which Boeing says are about 20 percent more fuel-efficient than competitors from other aircraft makers.

Founded in 1959, China Airlines operates a fleet of 68 aircraft and flies to 80 destinations in 28 countries.

by Sebastien Blanc © 2012 AFP

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Source : AFP

Published on ASDNews: Jun 14, 2012

 

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