Boeing landed a deal to sell a dozen 787 Dreamliners to China Southern Airlines, bolstering support for its marquee carbon-fiber jetliner in an otherwise tough market for twin-aisle aircraft.
The order by Asia’s biggest carrier by passenger volume is valued at $3.2 billion according to list prices, although carriers typically negotiate discounts. It comes less than a week after Qatar Airways announced an order for 30 Dreamliners. The two deals combined more than doubled Boeing’s 787 order tally for the year.
China Southern chose the 787-9 model, with a list price of $271 million each, according to a Hong Kong stock exchange statement Wednesday. The planes will be delivered between 2018 and 2020 and funded using cash and loans from banks, the Guangzhou, China-based airline said in the statement.
The carrier and its subsidiaries have ordered more than $15 billion of new aircraft from Boeing and Airbus Group in the past year.