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China Southern Airlines Places Order With Airbus For 40 Jets

Author: Shivani Kumaresan | September 23, 2022 07:25am

China Southern Airlines Co Ltd (OTC:CHKIF) has placed an order with Airbus SE (OTC:EADSF) (OTC:EADSY) for 40 A320neo-family aircraft.
The order is expected to be worth about $4.85 billion, Reuters reported.
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The jets will be delivered to Xiamen Airlines, owned by China Southern Airlines, between 2024 and 2027.
The Airbus deal follows China Southern Airlines' order in August for 96 A320neo-family aircraft worth $12.25 billion.
Price Action: EADSY shares closed at $22.71 on Thursday.