(Bloomberg) -- Taiwan’s China Airlines Ltd. will order two dozen Boeing Co. and Airbus SE long-range passenger and air cargo jets as it seeks to renew its fleet of older planes.
The carrier said it will order 10 each of Airbus and Boeing’s largest twin-aisle jets, the A350-1000 and B777-9, while also taking four of Boeing’s 777-8 freighters, it said in a stock exchange filing on Thursday.
It’s the first time that China Airlines has added the two passenger-aircraft variants to its fleet. The carrier already has 15 Airbus A350-900s and also flies the older 777 model. Its fleet of more than 80 planes is broadly balanced between both manufacturers.
China Airlines said the deal is valued at almost $12 billion at list price, though carriers usually negotiate substantial discounts. Deliveries will commence in 2029.
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