Juneyao Air to use leftover funds from Airbus purchase to purchase two 787s

13 September, 2018

Juneyao Air announced (12-Sep-2018) plans to use CNY1199 million (USD175 million) in unused funds from previous fund raising for the purchase of nine A320 aircraft, three spare engines and two simulators, to go towards the purchase of two Boeing 787 aircraft for CNY3.85 billion (USD561.7 million). The aircraft are scheduled for delivery before 2019. [more - original PR - Chinese]