China Southern Airlines finalizes order with Boeing for Dreamliners

Boeing (NYSE: BA) and China Southern Airlines have finalized an order of 12 787-9 Dreamliners, valued at USD3.2 billion, the company said.

China Southern said the 787 Dreamliners have helped the company implement its internationalization strategy and expects the additional new 787-9s to increase capacity and services for long-haul routes.

The company, China´s launch customer of the 787, currently operates 10 787-8s. The airplanes have enabled the Guangzhou-based carrier to launch six new non-stop global routes, connecting Guangzhou to London and Rome in Europe, Vancouver in North America, as well as Perth, Auckland and Christchurch in the Oceania area.

China Southern Airlines currently operates 700 aircraft, including Boeing 787, 777, 747, 757 and 737s. By 2020, the airline expects to have a fleet of 1,000 aircraft with passenger traffic surpassing 160 million annually.