China Southern Airlines Agreed To Sign A Purchase Agreement With Boeing

2010/10/8 17:19:00 27

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Boeing Aircraft Purchased From China Southern Airlines

Today,

Southern Airlines

He said he agreed to Xiamen Airlines on the eve of national day.

The Boeing Company

Sign

Aircraft purchase

The list price of the aircraft is about $699 million.

It is understood that Xiamen Airlines will buy 10 series 737 series aircraft to Boeing, and South China Airlines authorized Xiamen Airlines to sign the purchase contract, while Southern Airlines has 60% stake in Xiamen Airlines.

Since the beginning of this year, Xiamen Airlines has expanded its pace of expansion.

According to the previous development strategy of Xiamen Airlines, Xiamen Airlines fleet will be expanded to 70 in 2010 to double capacity and fleet size will reach more than 130 in 2015.

China Southern Airlines said it did not consider the adjustment made by the company to the fleet based on market environment and age. It is expected that the introduction of the above aircraft will increase the pport capacity of the group, which will increase the group's capacity by about 2.3% as calculated by the available tonne kilometers of the group as at December 31, 2009.

Industry analysts believe that in the financial crisis, airlines have reduced the introduction of new aircraft and accelerated the elimination of old aircraft in order to reduce costs.

Now, when the market is rapidly warming, there is a shortage of capacity. This not only restricts the development of airlines, but also affects the interests of passengers.

Air tickets will naturally rise because fewer aircraft are available.

In addition, as China International Uni Airways Corporation took Shenzhen Airlines Co and China Eastern Airlines shares acquired *ST Airlines Limited, the market concentration increased, competition was small, airline profits increased, and there was a need for further development.