China Southern unit to buy six Boeing 787s

5/12/2011 9:38:01 AM

China Southern Airlines, one of the country's three biggest air carriers, said its 60 percent-owned unit Xiamen Airlines has agreed to buy six B787 jets from Boeing Co. Xiamen will purchase the six jets at a combined list price of US$1.10 billion, reported Dow Jones Newswires. The aircraft will be delivered in stages between 2014 and 2015, and Xiamen Airlines will use bank loans and operating funds to finance the deal.   Cargonews Asia

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