China Southern unit, Xiamen Airlines, to buy Boeing jets for US$1.4 billion

download (3)China Southern Airlines said on Wednesday its subsidiary, Xiamen Airlines, had signed an agreement to buy six airplanes from Boeing Co worth US$1.4 billion at list prices.

China Southern Airlines Co Ltd , and its subsidiary, Xiamen Airlines, have been placing large aircraft orders as they look to expand fleets to meet booming growth in travel by Chinese.

The B787-9 airplanes will be delivered to Xiamen Airlines between 2016 to 2018, China Southern told the Shanghai stock exchange in a statement.

Xiamen Airlines signed a memorandum of understanding (MOU) to buy up to 30 Boeing 737 MAX 200 airplanes early this month.

(Reporting by Twinnie Siu and Meg Shen; Editing by Clarence Fernandez)

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