Air China to buy 100 Airbus jets

HONG KONG — Air China is planning to buy 100 Airbus jets to expand its fleet as it seeks to keep up with growing demand from Chinese travelers.

The state-owned airline said late Tuesday that its board approved the plan to buy the plans as well as dispose of six Airbus A340 jets. It did not give any further details such as type of aircraft, cost or timeframe.

The announcement follows French President Francois Hollande’s visit to China last month, when officials inked a deal for China to buy 60 planes from France-based Airbus.

That deal covered the purchase of 42 A320s and 18 A330s.

In March, Air China placed an order for 31 Boeing aircraft worth $4.8 billion at list prices, though airlines typically get a discount.

More in Herald Business Journal

Sign of the future: Snohomish business aims to reshape industry

Manifest Signs owner thinks that smart signs is an unexplored and untapped part of his industry.

Snohomish County’s campaign to land the 797 takes off

Executive Dave Somers announced the formation of a task force to urge Boeing to build the plane here.

A decade after the recession, pain and fear linger

No matter how good things are now, it’s impossible to forget how the collapse affected people.

Panel: Motorcycle industry in deep trouble and needs help

They have failed to increase sales by making new riders out of women, minorities and millennials.

Costco rises as results display big-box retailer’s resiliency

Their model has worked in the face of heightened competition from online, brick-and-mortar peers.

For modern women, 98-year-old rejection letters still sting

In a stark new video, female Boeing engineers break the silence about past inopportunity.

Tax reform needs the public’s input on spending priorities

The GOP tax plan is a good idea, but the next step should give us a voice on how taxes are spent.

Commentary: GM, Boeing fight a war of words over Mars

Boeing is strongly signaling how crucial deep-space exploration is to its future.

Under cloud of ethics probes, Airbus CEO Enders to step down

He leaves in 2019 after 14 years. Meanwhile, aircraft division CEO Fabrice Bregier leaves in February.