Chinese airline buys 10 A330s
December 6, 2012, Thursday
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Print Edition
Print Edition
CHINA Southern Airlines, the country's largest carrier by fleet size, has agreed to buy 10 Airbus A330-300 aircraft for about US$1.9 billion, to be delivered in stages from 2014 to 2016.
The deal comes after China Eastern Airlines, one of the country's top three carriers, said in late November that it had agreed to buy 60 A320 aircraft for about US$5.4 billion.
Chinese airlines have been buying aircraft from Airbus and Boeing over the past few years as more Chinese travel.
China Southern said in a statement yesterday that the new aircraft would be funded through internal resources and loans from commercial banks and that the catalogue price of one A330-300 plane is US$188 million, though airlines usually pay a lower price after negotiations.
The deal comes after China Eastern Airlines, one of the country's top three carriers, said in late November that it had agreed to buy 60 A320 aircraft for about US$5.4 billion.
Chinese airlines have been buying aircraft from Airbus and Boeing over the past few years as more Chinese travel.
China Southern said in a statement yesterday that the new aircraft would be funded through internal resources and loans from commercial banks and that the catalogue price of one A330-300 plane is US$188 million, though airlines usually pay a lower price after negotiations.
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