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  Volume: XXIV, Issue No. 19 May 16-31, 2015  
     
 
   
   
  AVIATION
  China Southern orders 10 A330s
 
 
  Untitled Document
_A Monitor Report
Guangzhou : China Southern Airlines has agreed to buy 10 A330-300s in a deal worth US$1.88 billion at list prices.
The aircraft will be delivered in stages from 2014 to 2016. The new aircraft would be funded through internal resources and loans from commercial banks and that the catalogue price of one A330-300 was US$188 million, although "certain price concessions" were obtained. China Southern Airlines said the order would boost the carrier's current capacity by 5.7 per cent and enhance its competitiveness in the rapidly expanding Chinese travel market.
   
 
 
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