China Southern Airline Orders 787 Dreamliners for $3.2B

Boeing and Guangzhou-based China Southern Airlines signed a purchase agreement for 787 Dreamliner aircraft valued at $3.2 billion.

The airline, currently number one by passenger numbers in Asia-Pacific, decided on purchasing the 787-9 version (list price – $271 million). The aircraft will be delivered in the 2018-2020 timeframe, according to a statement from the carrier.

The Guangzhou-based carrier already operates 16 Dreamliners, which make up only a small fraction of the 684-strong fleet, currently the largest in the region.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

NAIPE Annual Confab to Examine Post-Recapitalisation Investment Strategy Oct 8

The Nigerian Association of Insurance and Pension Editors (NAIPE)...

10 African Nations Announce Increased $9m Pledges to IFAD

Left to right: Salah Ahmed Jama, Deputy Prime Minister...

Benin-Asaba Expressway: SAN Cautions Against Unilateral Revocation of 25-Year Concession

FG Should Exercise Caution Before Revoking Benin-Asaba Expressway Concession,...

Appeal Court, Abuja Clears Fidelity Bank in Fundamental Rights Case

The Court of Appeal in Abuja has cleared Fidelity...

PenCom, Partners Target N300bn, Q2 2027 for Rollout of Infrastructure Financing

The National Pension Commission (PenCom), pension operators and development...

Topics

Sanwo-Olu, Lai Mohammed, Gbenga Daniel to Discuss 2027 Elections, Insecurity at 7th Freedom Online Lecture

Challenges facing the economy and insecurity, especially associated with...

AFRICA RE, IFC Partnership to Empower African Farmers

Africa-Re’s partnership with IFC (A member of the World...

The Swift Ascendant Lands in Abuja: Martell’s Monumental Journey of Audacity Reaches the FCT

After kicking off in Lagos, Martell’s nationwide campaign, Martell...

 CBN Approves Stanbic IBTC’s Executive Management Promotions

Demola Sogunle Chief Executive Stanbic IBTC Holdings PLC The Central Bank of...

NLNG Advances Media Excellence Through Change Your Story Workshop

Dr. Sophia Horsfall, NLNG’s GM, External Relations & Sustainable...

TSA: CBN Sanctions UBA N2.9bn, First Bank N1.8bn

These are bad times for United Bank for Africa (UBA) Plc and First Bank Limited as both were sanctioned by the Central Bank of Nigeria (CBN) to the tune of N2.9 billion and N1.8 billion respectively for allegedly violating the Treasury Single Account (TSA) policy of the Federal Government. For First Bank, its shares nosedived to 10-year low as a result of the N1.88 billion sanction by the CBN. The bank’s shares fell by 3.9% to N5 in trading at the Nigerian Stock Exchange (NSE), its lowest fall since April 2005.

Wema Bank Unveils SME Business School 5.0

  Wema Bank Plc, the leading innovative bank in Nigeria,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img