China Eastern Airlines orders 100 Airbus A320neos

China Eastern Airlines (CIAH) (CEA) has signed a contract for 100 Airbus A320neo aircraft worth $13 billion, according to a stock exchange filing dated July 1, 2022.

The new aircraft will be delivered in batches between 2024 and 2027.

According to the company, the Airbus A320neos will be used to replace older aircraft and increase its capacity.

Currently, China Eastern has a total of 598 aircraft in its fleet with an average age of 8.4 years old, according to Planespotters.net data.

The news comes just hours after the country’s largest airline by fleet size, China Southern, announced its order for 96 Airbus A320neo aircraft.