Aircraft
Hainan Signs for 20 more 328JETs
A series of visits to Haikou, China, by AvCraft managing director Wolfgang Walter finally paid dividends last month, when Hainan Airlines placed a firm ord

A series of visits to Haikou, China, by AvCraft managing director Wolfgang Walter finally paid dividends last month, when Hainan Airlines placed a firm order for 20 Fairchild Dornier 328JETs. The contract, signed during a May 3 ceremony hosted by German chancellor Gerhard Schroeder and attended by Chinese premier Wen Jiabao, converted options on five airplanes to firm status and added a new order for 15 of the PW306B-powered jets. Hainan expects to take the first five airplanes by the end of this year and the rest through 2007.