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By Joanne Chiu / Dow Jones Newswires
HONG KONG--CCB Financial will buy 50 C919 passenger jets from state-owned aircraft maker Commercial Aircraft Corp. of China Ltd., or Comac, bringing the total orders for China's first homegrown commercial jetliner to 330.
The purchase by the finance leasing arm of China Construction Bank Corp. (1288.HK) and Bank of America Corp. (BAC) is the third order for the single-aisle C919 aircraft this year, Comac said Wednesday. In June, the finance leasing arm of Agricultural Bank of China Ltd. ordered 45 of the jets, which followed an order in February for 20 jets by Bank of China's aircraft leasing unit, BOC Aviation.
Comac didn't disclose details on pricing or delivery for the latest order. The C919 is expected to enter service in the later part of this decade.
The development of the C919 underscores China's ambition to compete against major aircraft makers Boeing Co. (BA) and Airbus.
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