英文: China to buy 70 Boeing aircrafts BEIJING, Nov. 20 (Xinhuanet) -- The China Aviation Supplies Import &. Export Group Corporation (CASGC) signed a general purchase agreement with Boeing to buy seventy B737-700/800 aircraft here on Sunday, the biggest purchase agreement in China’s aviation history.
The catalog price of the aircraft purchase agreement was about 4 billion US dollars and the planes will be delivered to eight leading Chinese airline companies between 2006 and 2008.
Sunday’s purchase agreement will promote Sino-US economic and trade development. Since China bought the first Boeing aircraft B707 in the 1970s, the total Boeing aircraft bought so far reached 534, occupying two thirds of China’s fleet, said Yang Guoqing, vice minister of the General Administration of Civil Aviation of China.