In a Tuesday filing to the Shanghai Stock Exchange, China Eastern Airlines Corp said that it is planning to raise capital to buy four C919 aircraft from China's state-owned aerospace giant Commercial Aircraft Corp. of China . Each jet is listed for a price of 653 million yuan .
The four C919s are part of China Eastern's broader fleet expansion plan, which consists of 24 domestically developed ARJ21-700 regional aircraft, six Airbus A350-900 wide-body aircraft and four Boeing 787-9 wide-body aircraft, the filing said. In March last year, China Eastern placed the world's first formal order to buy five C919s, which it wanted to deploy on routes from Shanghai to several domestic cities including Beijing, Guangzhou and Shenzhen.
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