China Southern Airlines Co Ltd (ZNH.N)
18 Sep 2014
|Market Cap (Mil.):||$4,311.31|
|Shares Outstanding (Mil.):||196.35|
* Says wins China Southern Power Grid's bid for 125.3 million yuan ($20.21 million)
BEIJING, May 16 - China Southern Airlines Co Ltd on Friday said it has ordered 80 aircraft from Airbus Group NV worth at least $7.3 billion.
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BEIJING, April 15 - China Southern Airlines , China's biggest airline by fleet size, has warned it will incur a net loss of between 300-350 million yuan ($46-$56 million) in the first quarter due to foreign exchange losses.
* China pledges to boost long-ignored low-cost carrier segment
* Says 2013 net profit down 27.9 percent y/y at 1.9 billion yuan ($305.81 million)
BEIJING - Chinese airlines, already grappling with half-empty premier cabins due to Beijing's austerity drive, will be tested next in their ability to hedge against currency risks as China looks set to allow greater two-way swings in the yuan.
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