8/30/2022, 12:05 PM (Source: TeleTrader)
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China Airlines to acquire 16 Boeing 787s for $4.6B

Taiwan's China Airlines announced plans on Tuesday to buy 16 Boeing 787 planes in order to replace its Airbus A330 fleet, with the decision coming amid increased tensions between the United States and China.

The agreement comes just weeks after House Speaker Nancy Pelosi visited Taiwan, which led to a halt of several communication channels between Washington and Beijing.

Baha Breaking News (BBN) / ND