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China Southern Airlines orders 110 Boeing jets in $10B deal

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China Southern Airlines orders 110 Boeing jets in $10B deal

/ 08:18 PM December 17, 2015
Boeing

In this May 21, 2008, file photo, the company logo for The Boeing Co., is displayed in El Segundo, Calif. AP FILE PHOTO

HONG KONG — China’s biggest airline says it’s buying 110 jets from Boeing in a deal worth about $10 billion.

China Southern Airlines said Thursday that it’s buying 30 Boeing 737 Next Generation jets and 50 737 Max aircraft.

The company also said its Xiamen Airlines unit is buying 30 of Boeing’s 737 Max jets.

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The Next Generation planes have a list price of $81.2 million while the Max series aircraft sells for $96.1 million.

However, airlines usually negotiate discounts on such deals.

The order comes two months after Boeing signed a deal with a Chinese state-owned company to build its first final assembly plant in China, for 737 aircraft.

State-owned China Southern is the country’s biggest airline by passengers and fleet size. TVJ

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TAGS: Airline, Boeing, Boeing 737, China, China Southern Airlines, jets, Xiamen Airlines
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