241 New Aircrafts to be Delivered in China in 2009

241 new aircraft will be delivered China in 2009 (16 have been delivered in 2008). According to the introduction of CAAC, 43 aircraft leases have expired, so new aircraft purchases will promote net aircraft seat growth by 16% over the previous year. Xinhua News Agency reported that the global economic slowdown had resulted in a 7.07 billion Yuan loss (about 1.03 billion U.S. dollars) in China’s aviation industry over the last year.