AVIATION INDUSTRY

Air China orders 20 A350s

Air China has placed an order for 20 Airbus A350-900s.

The order is valued at approximately $6.54 billion, based on list prices, says the Star Alliance carrier in a stock-exchange disclosure. It adds that it has been given a «price concession» from the airframer, after negotiations.

The A350s are slated for delivery between 2020 to 2022, the disclosure notes.

Among the 20 A350s on order, the airline has the option of converting the last five to the larger A350-1000 variant…

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