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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Air China's Shenzhen signs Airbus purchase AFP - 2 hours 57 minutes ago Send IM Story Print Air China's Shenzhen signs Airbus purchase Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – Air China subsidiary Shenzhen Airlines signed a deal with Airbus on Wednesday to buy 10 A-320 jets, the state news agency Xinhua reported. The airline, named after the southern boom town bordering Hong Kong where it is based, will take delivery of the short-to-mid range planes in 2012-2013, Xinhua said, citing a statement from Shenzhen Airlines. Last month Air China told the Hong Kong stock exchange that Shenzhen Airlines would pay 814 million dollars for the 10 Airbuses. With other deliveries currently in the pipeline, the airline's Airbus fleet will rise from 38 at present to 64 by the end of 2013, assuming the planes arrive on time. Shenzhen Airlines aims to expand its total fleet from 109 planes at present to 180 by the end of 2015. The purchase of the 10 jets, along with that of 20 Airbus 320 airliners agreed in February, would bring the value of Air China's orders placed with Airbus over a 12-month period to 2.44 billion dollars, Air China said in its statement last month. Air China also said in late June it had agreed to buy 20 Boeing 737-800 planes for 1.4 billion dollars. Recommend Send IM Story Print Related Articles US STOCKS-Markets close lower for year in broad selloff Reuters - 25 minutes ago Cisco revenue misses Wall Street view Reuters - 26 minutes ago US-BUSINESS Summary Reuters - 41 minutes ago Obama signs bill to ease U.S. manufacturers' costs Reuters - 46 minutes ago Russia's LUKOIL resumes gasoline supply to Iran -trade Reuters - 46 minutes ago News Search Top Stories BP to start Libyan drilling this year US suffers widest trade gap in 20 months Poverty robs Yemeni children of their young years WHO list reveals flu advisors with industry ties Supermodel diamonds evidence meant to be 'low-key' More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Visitors attack Taiwan 'haunted house' actors Chelsea agree Carvalho fee with Real A long, hot Ramadan for many devout Muslims Supermodel diamonds evidence meant to be 'low-key' New superbugs spreading from South Asia: study More Most Viewed » Argentine students crack three-decade-old murder mystery 40 US billionaires pledge half wealth to charity World's first full face transplant man appears on TV Calcium supplements linked to heart attacks: study Massive ice island breaks off Greenland glacier More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010

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