Airbus Gets A350 Boost With $6 Billion China Southern Order
- Asia’s biggest carrier buys 20 aircraft for delivery from 2019
- Deal provides lift for planemaker after customer deferals
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China Southern Airlines Co. plans to buy 20 A350 wide-body aircraft from Airbus SE in a deal worth about $6 billion, providing a boost for the manufacturer amid production delays and order deferrals.
The Guangzhou-based company, which ranks as Asia’s largest airline by passenger numbers, will take delivery of the A350-900s starting in 2019, with all of the planes to be handed over by the end of 2022, according to a filing to the Hong Kong stock exchange Wednesday.