CHINA SOUTHERN JOINS DEAL FRENZY FOR C919 JET TO RIVAL DUOPOLY
(Bloomberg) -- China Southern Airlines Co. said it will buy 100 Comac C919 jets, bolstering the streak of recent orders for the local planemaker vying for a role alongside incumbents Boeing Co. and Airbus SE.
The Guangzhou-based carrier’s purchase is valued at US$9.9 billion at list prices, it said in an a filing Monday.
Read More: Air China Orders Homegrown C919s in Challenge to Jet Duopoly
The deal means China’s three largest state-owned carriers have now ordered a combined 300 single-aisle jets from Commercial Aircraft Corp of China Ltd., while maintaining large a backlog with Airbus and Boeing.
Read More: China’s Planemaker Gets $9.9 Billion Order for 100 C919 Jets
China Eastern Airlines Corp Ltd. kicked off the mega-orders on Sept. 29, striking a deal with the planemaker better known as Comac for 100 single-aisle aircraft. Last week, Air China also announced a plan to buy 100 units of the jet, which is similar in size to the Airbus A320 and the Boeing 737.
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2024-04-29T12:45:22Z dg43tfdfdgfd
