China Southern Airlines Co. (1055.HK) on Wednesday announced an order for 20 Airbus SE (AIR.FR) A350-900 jets, joining a growing list of carriers seeking to operate the newest widebody commercial aircraft that promises to cut costs by lowering fuel consumption.
China Southern said the planes cost US$298.9 million each, valuing its order at US$5.98 billion at catalog prices. However, airlines typically negotiate discounts of about 30% on the list prices of planes.
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The new jets will join China Southern's fleet in 2019 and the last of the planes in the order will be delivered in 2022, it said. The Airbus A350-900 model can carry 325 passengers and 16 tons of cargo in a typical configuration, according to information on the Airbus website.
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(END) Dow Jones Newswires
April 26, 2017 07:05 ET (11:05 GMT)