HK gain for Boeing and Airbus

HONG KONG'S number two airline Dragonair will spend $1.3bn (£710m) over the next four years to buy 12 passenger and freight planes to beef up its international and mainland China services.

The carrier will buy seven wide-body Airbus A330s and five Boeing B747 freighters. Dragonair said Airbus will deliver the first of the planes this week.