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Air China Cargo Plans to Order Up to 10 Airbus A350 Freighters

Air China Cargo Plans to Acquire Up to 10 Airbus A350 Freighters
Air China Cargo, the cargo division of Air China, has announced intentions to order up to ten Airbus A350F freighters as part of a broader initiative to expand and modernize its fleet. The proposed acquisition includes six firm orders and four options, with a total list price valuation of approximately $4.65 billion. However, the airline has indicated that it has negotiated a substantial discount with Airbus. Deliveries are anticipated between 2029 and 2031, contingent upon shareholder approval at a meeting scheduled for November 14, 2025.
Strategic Fleet Expansion Amid Market Growth
This planned procurement aligns with forecasts projecting a 41% growth in the global freighter fleet by 2044, a development expected to intensify competition for new aircraft orders. Air China Cargo’s selection of the A350F, Airbus’s latest-generation freighter derived from the A350-1000 passenger aircraft, underscores the industry’s increasing emphasis on fuel efficiency and reduced emissions. The A350F is designed to meet these priorities, offering improved operational economics and environmental performance, which are becoming critical factors for airlines and regulatory bodies alike.
The potential order has drawn attention within the market, highlighting the A350F’s appeal as carriers worldwide seek to modernize their fleets. Industry players such as the Lufthansa Group are reportedly considering fleet simplification strategies that favor newer, more efficient aircraft like the A350, moving away from older models. This trend reflects a broader shift in the air cargo sector toward advanced technology and sustainability, reinforcing the significance of Air China Cargo’s planned investment.
Industry Context and Program Developments
In its October 28 filing with the Shenzhen Stock Exchange, Air China Cargo emphasized that the transaction remains subject to shareholder approval. Should the order be confirmed and incorporated into Airbus’s backlog, it would represent the manufacturer’s fourth A350F deal in 2025. Earlier this year, Airbus secured A350F orders from an undisclosed customer for three aircraft, STARLUX Airlines for five, and AviLease for ten. As of September 30, Airbus had recorded 65 A350F orders from a diverse customer base including Air France, Cathay Pacific, Etihad Airways, Singapore Airlines, and Turkish Airlines.
The A350F program has experienced delays, with Airbus now targeting entry into service in the second half of 2027, later than the initially planned 2026 launch. These delays have been attributed to supply chain disruptions and the ongoing merger between Spirit AeroSystems and Boeing. The European Union recently approved Boeing’s acquisition of Spirit, subject to the divestment of certain Airbus-related activities. This regulatory development may influence competitive dynamics within the aircraft manufacturing sector and could have implications for future freighter production.
Meanwhile, Air Lease Corporation (ALC), the original launch customer for the A350F, canceled its order for seven aircraft earlier this year. ALC cited delivery delays and a strategic pivot toward passenger aircraft as reasons for the cancellation, which has freed up over $1 billion in capital expenditure.
As Air China Cargo awaits shareholder approval, its potential order for the A350F reflects both confidence in the long-term growth prospects of the air cargo market and a strategic commitment to fleet modernization amid evolving industry conditions.

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