Chinese flag-carrier discloses agreements covering 55 aircraft.
Air China has agreed to purchase 15 Airbus A350-900 while 40 A320neos will be allocated to subsidiary Shenzhen Airlines.
The Chinese flag-carrier will take delivery of the A350s over the course of 2030-32.
Shenzhen Airlines will begin receiving the A320neos in 2029, and its deliveries will also run to 2032.
No engine selection has been disclosed for the narrowbodies. All the A350s will be powered by Rolls-Royce Trent XWBs.
Air China and its import subsidiary AIE entered the purchase agreement with Airbus on 17 July.
The airline gives the list price of the A350 aircraft as $6.1 billion, and that of the A320neos as $6.35 billion.
But it says Airbus has granted “considerable price concessions” in the form of credit memoranda.
Air China adds that the transaction is “in line with the development plan of the company and the market demand”, and will allow it to optimise the fleet and supplement capacity.
Some of the aircraft are intended to meet renewal needs owing to the withdrawal of ageing airframes.
Air China recently disclosed that it would contribute five A350s to Shenzhen Airlines as part of a capital increase for the carrier.
This is linked to a change in the Shenzhen Airlines shareholding structure, including the introduction of a new investor.
Air China agreed to acquire another 60 A320neo-family jets at the end of last year, while its A350 interest has recently extended to an increased order for the freighter variant.
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