Three Chinese airlines have placed orders for a combined 95 Airbus aircraft with a total list value of approximately $17.8 billion, highlighting continued investment in fleet expansion and modernisation as China's aviation market continues its recovery.
According to filings with the Shanghai Stock Exchange, Air China and its subsidiary Shenzhen Airlines will acquire 55 Airbus aircraft with a combined list price of $12.4 billion, while Hainan Airlines has agreed to purchase 40 A320neo-family aircraft valued at up to $5.4 billion.
Air China, the country's flag carrier, will add 15 A350-900 wide-body aircraft, valued at around $6.09 billion, with deliveries scheduled between 2030 and 2032. Shenzhen Airlines will receive 40 A320neo-family jets worth approximately $6.35 billion between 2029 and 2032, while Hainan Airlines expects deliveries of its 40 A320neo aircraft from 2028 through 2032.
Air China said the actual purchase price would be lower than the published list value, noting that Airbus had offered substantial discounts, a common practice for large aircraft orders.
The latest deals come as Chinese airlines continue rebuilding their fleets following the pandemic while investing in newer, more fuel-efficient aircraft. However, the sector continues to face financial pressure. Earlier this week, Air China projected a net loss of up to 2.6 billion yuan for the first half of the year, citing higher fuel costs that have significantly reduced profit margins.
China's major airlines have continued placing sizeable orders with Airbus in recent months. Last month, China Eastern Airlines announced plans to purchase 25 A330neo aircraft valued at about $9.35 billion, following an earlier order for 101 A320neo-family jets worth approximately $15.8 billion. In April, China Southern Airlines and its subsidiary Xiamen Airlines agreed to acquire 137 Airbus aircraft with a combined list value of $21.4 billion.
The newly ordered aircraft are expected to increase the Air China group's combined passenger and cargo capacity by around 7.1%, while Shenzhen Airlines' capacity is projected to rise by 4.3%, based on fleet capacity as of December 31, 2025. Some of the new aircraft will also replace older jets being retired from service.
The A320neo family competes directly with the Boeing 737 MAX in the medium-haul market, while the A350-900 is widely used on long-haul international routes.
Source: Reuters