By Joanne Chiu 
 

China Southern Airlines Co.'s (1055.HK) 55%-owned Xiamen Airlines Co. has agreed to buy 10 aircraft from Boeing Co. (BA) for a combined list price of US$850.6 million.

The Guangzhou-based airline said Tuesday that Xiamen Air will take delivery of the 10 short to medium-haul, narrow-body aircraft between 2017 and 2018. It will fund the purchase with internal resources and bank loans.

 

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

 

(END) Dow Jones Newswires

April 26, 2016 05:50 ET (09:50 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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