Emissions - Alvorlig for EU

China Eastern could be near to placing an order for up to 20 B777s, worth approximately $6 billion, while postponing its order for 15 A330s, said a Reuters report. The Airbus order, valued at £3 billion, had been announced in October 2011 with deliveries due to commence next year.

The apparent delay could be due to the ongoing dispute over the EU’s Emission Trading Scheme which China has been most critical. In February the Chinese State Council banned the country’s airlines from participating in the scheme.