Beijing, China - China's national airline Air China has placed an order with the Chinese aircraft manufacturer COMAC for 35 ARJ21-700 regional jets.
According to the list price, the deal is valued at $1.33 billion. But the airline said that it had received a large discount for the order.
COMAC will deliver the first planes to the Chinese flag carrier in 2020. The rest of the planes on order will join the airline's regional fleet by the end of 2024.
Some of the newly ordered ARJ21s will be used to expand the fleets of the airline's regional subsidiaries.
In 2003, Air China had ordered 10 aircraft of the same type for its regional subsidiary Shandong Airlines.
Air China has also 20 C919 in its order book from the Chinese aircraft manufacturer. COMAC's C919 is currently under certification campaign.
The aircraft was originally intended to be certified by the end of this year, but in the wake of recent progress, it has been pushed back to 2021.
COMAC C919 will compete with its western counterparts Airbus A320neo and Boeing 737 MAX. The plane has so far received 305 firm orders and 703 order commitments, mainly from Chinese airline operators.