China Southern Airlines has committed to purchasing 20 A320 aircraft for delivery in 2011-13. The carrier said it would pay less than the $1.54 billion catalog value for the aircraft and that the fleet expansion will increase ATKs by 4.5%. Aircraft are part of the order for 110 A320 family aircraft and 40 A330s that the Chinese government placed with Airbus in November 2007. Meanwhile, CZ said it expected to post a 2009 profit. It lost CNY4.83 billion ($706.4 million) in 2008. It said a ...

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