Xiamen Airlines buying 20 Boeing 737 airplanes

China Southern Airlines buying 20 Boeing 737 airplanes

China based airline company China Southern Airlines has announced that they are acquiring 20 Boeing 737 airplanes through their subsidiary Xiamen Airlines.

This order is worth around $1.5 billion at market price but the airline companies usually get the planes at a much lower price through negotiations.

These planes would be delivered to Xiamen between April 2014 and October 2015.

Xiamen would be paying for these planes themselves.