China Southern Air to Buy 12 Dreamliners From Boeing
October 12 2016 - 6:13AM
Dow Jones News
By Joanne Chiu
China Southern Airlines Co. (1055.HK) has agreed to buy 12
Boeing 787-9 Dreamliners from the U.S. aircraft maker for a
combined list price of US$3.25 billion.
The Guangzhou-based airline said Wednesday it will take delivery
of the planes, which have a list price of US$271 million each, from
Boeing Co. (BA) between 2018 and 2020. The Chinese state-owned
airline plans to fund the purchase with internal resources and bank
loans.
Write to Joanne Chiu at joanne.chiu@wsj.com
(END) Dow Jones Newswires
October 12, 2016 05:58 ET (09:58 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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