China Southern Orders Airbus Jets Worth $21 Billion
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A China Southern Airlines passenger plane. Photo: China News Service/VCG
China Southern Airlines Co. Ltd. (600029.SH) and its subsidiary Xiamen Airlines Co. Ltd. have ordered 137 A320neo family aircraft from Airbus SE with a catalog value of about $21.4 billion.
The transaction includes 102 planes for China Southern and 35 for Xiamen Airlines, with deliveries scheduled in batches between 2028 and 2032, China Southern said in a stock exchange filing on Wednesday. Airbus granted significant price concessions, meaning the actual transaction value is lower than the catalog price.
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