BRIEF-China Southern Airlines updates on acquisition of aircraft

April 26 (Reuters) - China South Airlines

* Major transaction in relation to acquisition of aircraft

* Company entered into Airbus aircraft acquisition agreement

with Airbus S.A.S. to purchase airbus aircraft from Airbus


* According to information by Airbus S.A.S., catalogue price

of each Airbus A350-900 aircraft is about US$298.9 million

* Acquisition will be funded partly by internal resources of

company and partly through commercial loans by commercial banks

* Expected acquisition will make company have a better

performance on cost and efficiency, so as to enhance

competitiveness of group

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