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China Southern agrees to buy six 777Fs; China Eastern re-launches cargo unit

China Southern Airlines said Tuesday in a widely cited filing with the Hong Kong Stock Exchange that it has reached an agreement with Boeing to purchase six 777 freighters valued at $1.58 billion based on list prices.

Boeing 777F. Photo: Courtesy, Boeing. China Southern Airlines said Tuesday in a widely cited filing with the Hong Kong Stock Exchange that it has reached an agreement with Boeing to purchase six 777 freighters valued at $1.58 billion based on list prices. Meanwhile, China Eastern Airlines officially re-launched China Cargo Airlines, finalizing the integration of its cargo unit with Shanghai Airlines' airfreight subsidiary (ATW Daily News, July 1, 2010). CZ said the six 777Fs ...

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