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China Southern Airlines

China Southern seals deal

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SCMP Reporter

China Southern Airlines has signed in Hong Kong a US$145 million financing agreement with Citibank and Dai-Ichi Kangyo Bank to buy a Boeing 777-200IGW aircraft. The loan, in three tranches, is for 12 years. China Southern, which plans to list in Hong Kong in the second or third quarter, has 72 aircraft. It plans to buy 10 Airbus jets this year.

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