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

Stanbic IBTC Bank Nigeria PMI: Marked Growth of New Orders Seen Again in July

Growth was maintained in the Nigerian private sector during...

NAICOM: 43 Insurance/Re Firms Scale Recapitalisation Hurdle, 8 Awaiting Final Verification

The National Insurance Commission, today announced the successful completion...

NLNG Unveils 11 Nominees for The Nigeria Prize for Creative Arts

The first-ever nominees for The Nigeria Prize for Creative...

CBN Lists Five Strategies to Drive Next Stage of Fintech Growth in Nigeria

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

NGX Chair: Exchange Adopting Fintech, Digital Solutions to Expand Market

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

Topics

Ntel to Launch LTE Services April 8

Nigeria's Ntel, which recently bought the assets of struggling...

NIA Chairman, Kunle Ahmed, Confirmed to Speak at IMT 4.0 Conference

Insurance Meets Tech (IMT), West Africa's leading platform for...

‘Coding for Sustainably’ Ends amidst Applause from Parents, Other Stakeholders

L-R Tobi Akinloye Instructor, Osas Osaigbovo Community Manager, Olufunke...

‘Tier-Based Capitalisation Poses Threat to Insurance Sector’

Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc has...

World Bank, UN, IMF Unite Against Illicit Financial Flows

International Monetary Fund and World Bank announced on April...

NAICOM Reviews Capital in Insurance Sector

The National Insurance Commission (NAICOM) says it is currently...

Polaris Bank Signs Up to PAPPS to Ease Customers’ Cross Border Payment

Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled...

SEC Targets N5tn Market Capitalisation from 50 Shari’ah-compliant Products by 2025

The Securities and Exchange Commission (SEC) has reiterated that...
spot_img

Related Articles

Popular Categories

spot_imgspot_img