By Joanne Chiu 
 

China Southern Airlines Co. (1055.HK) plans to buy 10 aircraft from Airbus Group (AIR.FR) for a combined list price of $2.27 billion.

The latest deal comes shortly after China's biggest airline by fleet size said it and 51%-owned unit Xiamen Airlines Co. agreed to buy 110 aircraft from Boeing Co. (BA) for $10.1 billion, as they look to increase capacity.

Guangzhou-based China Southern said in a Wednesday filing that the planes have list prices of US$227.36 million each. The medium-haul aircraft, which will be delivered between 2017 and 2019, are expected to increase capacity by about 4%.

 

Write to Joanne Chiu at joanne.chiu@wsj.com

 

(END) Dow Jones Newswires

December 23, 2015 04:21 ET (09:21 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
China Southern Airlines (NYSE:ZNH)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more China Southern Airlines Charts.
China Southern Airlines (NYSE:ZNH)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more China Southern Airlines Charts.