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Hong Kong company orders 70 Airbus A320neos for US$7.72b

Leasing company Hong Kong Aviation Capital has signed a firm order for 70 single-aisle A320neo passenger planes from European aircraft manufacturer Airbus, the pair announced on Thursday.

FARNBOROUGH, United Kingdom: Leasing company Hong Kong Aviation Capital has signed a firm order for 70 single-aisle A320neo passenger planes from European aircraft manufacturer Airbus, the pair announced on Thursday.

The fuel-efficient jets are valued at US$7.72 billion (5.7 billion euros) at list prices, Airbus said at the Farnborough airshow.

"We are pleased to have finalised the order for 70 A320neo family aircraft with Airbus," said HKAC chief executive Donal Boylan.

"The green credentials of the neo is one of the key factors for us to choose the aircraft and through reduced fuel burn and emissions, HKAC will enable its airline clients to reduce operating cost while improving their environment impact."

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