Boeing to Sell 10 Long-Haul 777s to China Southern

Boeing said it will work with the airline to obtain the required approval from the Chinese government for the purchase.

Boeing on Tuesday said it has received an order from China Southern Airlines for 10 long-haul 777 aircraft in a deal valued at nearly $3 billion at list price.

China Southern Airlines has agreed to buy 10 Boeing 777-300ERs , "as the airline plans to expand its capacity to meet growing demand in Asia-Pacific and China," Boeing said in a news release.

Boeing said it will work the airline to obtain the required approval from the Chinese government for the purchase.

"We're very pleased that China Southern, which has been a staunch 777 supporter from the very beginning of the program, has once again selected the 777-300ER to serve its passengers and to deliver value to its bottom line," said Ihssane Mounir, vice president of sales at Boeing Commercial Airplanes.

The plane ordered is an extended-range version of the twin-engine 777.

Boeing did not reveal the value of the sale. Aircraft typically are sold at a discount from the list price.

Copyright Agence France-Presse, 2012

TAGS: The Economy
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