Boeing lands US$10b China Southern order

Beijing

BOEING Co landed a US$10 billion order from China Southern Airlines Co, Asia's largest carrier by passenger volume, after agreeing to buy back some older-vintage jets, engines and other materials.

China Southern and Xiamen Airlines, a subsidiary, are purchasing 110 current-model 737 jetliners and upgraded Max variants, the companies said in statements on Thursday. The 80 planes for Guangzhou-based China Southern are new orders, while the 30 Max models headed for Xiamen were previously logged as unidentified orders.