China Southern Airlines' cargo subsidiary to buy seven Boeing jets

Boeing Company

Boeing Company

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- China Southern Airlines' cargo business has signed an agreement with Boeing to purchase two B777F and five B777-8F freighter aircraft, according to a filing to the Shanghai Stock Exchange on Friday.

The company said the catalogue price for the seven aircraft totals approximately $3.6 billion, though the actual transaction price will be lower owing to significant discounts from Boeing.

Deliveries are scheduled in batches between 2027 and 2034, with options for an additional three B777-8F freighters.