China Southern Plans To Buy 20 Airbus A320s | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Fri, Jan 22, 2010

China Southern Plans To Buy 20 Airbus A320s

Deliveries Expected To Begin In 2011

China Southern Airlines said Thursday it had agreed to buy 20 Airbus A320 jets, and expects to return to profitability based on falling fuel costs and strengthening passenger demand. The catalogue price for each aircraft is 76.9 million dollars, but the actual payment will be significantly lower, the nation's biggest carrier by fleet size said in a statement.

Under the agreement signed Wednesday, the planes are due to be delivered from 2011 to 2013, the carrier said in a statement to the Shanghai Stock Exchange. The acquisition will increase capacity, "thus enhancing the competitiveness and core competence of the group," it said.

China Southern said it would return to profitability for 2009 after posting a net loss of 482.9 million yuan (70.7 million dollars) in 2008. The carrier did not give specific figures for 2009 earnings in the preliminary announcement. It is due to release its full 2009 financial results in April.

FMI: www.chinatraveldepot.com/chinaflights/index.aspx

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC