China Southern Airlines Places Order With Airbus For 40 Jets

  • China Southern Airlines Co Ltd CHKIF has placed an order with Airbus SE EADSF 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.
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