Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  China Southern Airlines Co Ltd    600029   CNE000001FG0

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

China Southern Airlines : Air to Buy 38 Aircraft From Boeing

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/20/2017 | 12:54pm CEST
   By Joanne Chiu 
 

China Southern Airlines Co. (1055.HK) has agreed to buy 38 Boeing aircraft from the U.S. aircraft maker for a list price of US$5.65 billion, as it seeks to boost capacity amid growing air-travel demand.

The Guangzhou-based airline said Friday it will take delivery of the planes, which include eight B777-300ER aircraft and 30 B737-8 jets, in stages between 2019 and 2020.

The Chinese state-owned airline, which plans to fund the purchase with internal resources and bank loans, said the Boeing aircraft will increase its capacity by about 8%.

Write to Joanne Chiu at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHINA SOUTHERN AIRLINES CO
10/20DJCHINA SOUTHERN AIRLINES : Air to Buy 38 Aircraft From Boeing
10/20 CHINA SOUTHERN AIRLINES : Major transaction in relation to acquisition of aircra..
10/19 CHINA SOUTHERN AIRLINES : Presentation of China Southern Airlines was held in Ta..
10/17 CHINA SOUTHERN AIRLINES : Major transaction and continuingconnected transaction ..
10/17 Seattle visit helped showcase state's specialties
10/16 CHINA SOUTHERN AIRLINES : South Air September passengers carried up 8.4%
10/16 CHINA SOUTHERN AIRLINES : (1) proposedamendmentstothearticlesofassociation and p..
10/16 CHINA SOUTHERN AIRLINES : Supplemental notice of egm
10/16 CHINA SOUTHERN AIRLINES : Second Form of Proxy for 2017 First Extraordinary Gene..
10/13 Northern pursuit
More news
News from SeekingAlpha
07/03 New changes in the airlines ETF
06/28 China Southern Airlines Company goes ex-dividend tomorrow
05/31 Why Building Another Airport Actually Benefits Beijing Capital International ..
05/15 CHINA SOUTHERN AIRLINES : Upside From International Expansion And Growing Chines..
05/13 Value Blend Staying Above Water In 2017, But Trailing The Benchmark - Large A..
Financials ( CNY)
Sales 2017 128 B
EBIT 2017 9 189 M
Net income 2017 6 208 M
Debt 2017 94 122 M
Yield 2017 1,36%
P/E ratio 2017 13,39
P/E ratio 2018 13,74
EV / Sales 2017 1,30x
EV / Sales 2018 1,21x
Capitalization 72 241 M
Chart CHINA SOUTHERN AIRLINES CO
Duration : Period :
China Southern Airlines Co Technical Analysis Chart | 600029 | CNE000001FG0 | 4-Traders
Technical analysis trends CHINA SOUTHERN AIRLINES CO
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 8,20  CNY
Spread / Average Target -0,90%
EPS Revisions
Managers
NameTitle
Wan Geng Tan Vice Chairman, President & CEO
Fu Pan Chairman-Supervisory Board
Zheng Rong Zhang Chief Operating Officer
Li Xin Xiao Chief Financial Officer & Chief Accountant
Zi Fang Zhang Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
CHINA SOUTHERN AIRLINES CO LTD14.96%10 915
DELTA AIR LINES, INC.7.46%37 980
RYANAIR HOLDINGS PLC12.62%22 635
UNITED CONTINENTAL HOLDINGS INC-17.97%17 746
INTERNATIONAL CONSOLIDATED AIRLINES GROUP47.99%17 720
AIR CHINA LTD.23.33%17 288