China Southern Buys Airbus Planes Worth $21.4 Billion

businessworldchina 3 posts · 3 accounts

China Southern and a subsidiary will purchase Airbus airplanes in a deal valued at $21.4 billion, according to reports on Wednesday.

From the sources (3 posts)

@zerohedge

*CHINA SOUTHERN, UNIT TO BUY AIRBUS PLANES FOR $21.4B

@deitaone

$BA - *CHINA SOUTHERN, UNIT TO BUY AIRBUS PLANES FOR $21.4B

@firstsquawk

CHINA SOUTHERN AND A SUBSIDIARY WILL PURCHASE AIRBUS AIRPLANES WORTH $21.4 BILLION.

Market impact

28 small

Why it matters: A $21.4B China Southern order going to Airbus rather than Boeing is a competitive-share loss read for Boeing (BA), while Airbus (the winner) has no liquid US listing; the order is real demand but a single-name duopoly read with little index spillover.

At publish time: Headline names a concrete $21.4B Airbus aircraft order from a major Chinese carrier, a real order (not financing), with Boeing as the implied loser; @deitaone tags $BA directly.

model confidence: medium

What happened next

1–2 weeks later

fizzled moved up

Airbus win read as BA-negative, but May 15 follow-up flipped bullish: China to buy 400-450 GE engines and up to 750 Boeing planes.

based on follow-up coverage

Follow-up coverage

No follow-up coverage matched this story.

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