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China's largest carrier is back buying aircraft as Southern Airlines sells bonds to fund its order of Airbus' narrow-body jets
China Southern Airlines, operator of the country's biggest aircraft fleet, is back in the market buying new planes and engines, resuming its expansion mode after putting six months of an air travel slump behind it. The carrier is issuing up to 16 billion yuan (US$2.37 billion) of convertible bonds, using two-thirds of the proceeds to buy 11 planes, components and towards maintenance. The remainder of the funds raised will be used to buy back-up engines and replenish its liquidity, according… (www.yahoo.com) Altro...
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I thought it said Southwest.
China Southern Airlines... However there used to be China Southwest Airlines prior to its 2002 merger into Air China …..
a mini brief history of China Southwest Airlines:
China Southwest Airlines, was established on October 15,1987. It was merged into Air China On 28 October 2002. Company History: Founded on October 15,1987 and merged into Air China On 28 October 2002 . China Southwest Airlines, was established on October 15,1987. It was merged into Air China On 28 October 2002.
a mini brief history of China Southwest Airlines:
China Southwest Airlines, was established on October 15,1987. It was merged into Air China On 28 October 2002. Company History: Founded on October 15,1987 and merged into Air China On 28 October 2002 . China Southwest Airlines, was established on October 15,1987. It was merged into Air China On 28 October 2002.
