Rochester, NY 8/12/2009 8:36:43 PM
China Southern Airlines Co. Ltd., ZNH - China Southern Airlines will soon let go of its Six Airplanes
China Southern Airlines Co. Ltd.
China Southern Airlines Co., Ltd. recently announce that the airline company will soon sell six of its A300-600 airplanes, some aviation materials, and five engines for USD 124 million, so as to reduce operation costs and streamline the structure of its fleet.
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This action is expected to generate CNY 46.58 million increase in sales profits for the company. Under the agreements signed by the airline company with Tigris, GALINK, and China Southern Airlines Import and Export Co., Ltd. last Friday.
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