Air China has agreed to purchase 60 Airbus A320NEO series aircraft from Airbus, with a list price of approximately $9.53 billion. The company received price concessions from Airbus, lowering the actual cost of the purchase. These concessions will be in the form of credit memoranda that can be used for final payment or for purchasing goods and services from Airbus. The deal was reached after negotiations between the parties. The agreement was announced by Air China in a notice to the Hong Kong stock exchange.

Read more at Yahoo Finance: Air China agrees to purchase 60 Airbus A320NEO series aircraft