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China Southern to buy 38 Boeing jets worth $5.65B

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China Southern Airlines signed a $5.65 billion deal with Boeing.

Through the agreement, China's largest airline by passenger numbers agreed to buy eight B777-300ER wide body jets and 30 B737-8 narrow bodies.

Funded through China Southern's own funds and loans from commercial banks, the planes are scheduled to be delivered by 2020.

Read more from Reuters.

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