China’s Xiamen Airlines agreed to buy 40 Airbus A320NEO aircrafts
China’s Xiamen Airlines agreed to buy 40 Airbus A320NEO aircrafts

China’s Xiamen Airlines agreed to buy 40 Airbus A320NEO aircrafts

China Southern Airlines said its subsidiary Xiamen Airlines has signed an agreement to buy 40 A320NEO aircrafts from Airbus, according to a stock exchange filing.

Based on the the aircrafts’ list prices of about $105 – 136 million per unit, the total price of the 40 aircrafts will be about $4.848 billion (about 33.8 billion yuan), according to the filing.

As Airbus provides substantial discounts to Xiamen Airlines, the actual price for the purchase will lower than the above-mentioned price, it said.