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Friday, December 21, 2012

China Airlines to Lease Boeing 777s from GECAS

China Airlines will lease four new Boeing 777-300ERs from GE Capital Aviation Services (GECAS), a $1.4 billion value.

The Taiwan-based carrier is looking to use the new planes on long-haul routes to Europe and North America, and keep up with growing passenger demand in the Asia Pacific region.

“China Airlines extensive fleet renewal program has allowed us the opportunity to upgrade our long haul fleet by selecting the state-of-the-art 777-300ER. Combined with superior passenger comfort, the 777-300ER offers the highest degree of operational flexibility and economy,” said Mr. Huang-Hsiang Sun, president of China Airlines.

GECAS said the aircraft are scheduled for delivery beginning in 2014. 

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