SHANGHAI, April 26 China Southern Airlines
has signed a deal worth nearly $6 billion to buy 20
aircraft from European planemaker Airbus SE, the
Chinese carrier said on Wednesday.
China's largest airline by passenger numbers has agreed to
buy 20 A350-900 jets, each with a price tag of $298.9 million,
it said in a stock exchange filing.
The planes will be delivered between 2019 and 2022 and will
be funded through China Southern's own funds and loans from
commercial banks, the company said.
China is gearing up for a major joint China-Europe aviation
safety conference in Shanghai on Thursday as Beijing looks to
raise its profile in the global aviation market.
Chinese planemaker COMAC is expected to stage the maiden
flight of its C919 jet in the coming weeks as the company looks
to compete with Boeing and Airbus for a slice of global
jet sales worth $2 trillion over the next 20 years.
(Reporting by Adam Jourdan; Editing by David Goodman)