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hainan airlines to acquire 40 comac jets for 1.5 billion
Hainan Airlines Holding Co. plans to acquire 40 ARJ21-700 jets from Commercial Aircraft Corp. of China for up to $1.52 billion. The deal, involving the airline's low-cost carrier unit Urumqi Air, will see the aircraft delivered in batches from 2025 to 2032, with each jet priced at $38 million.