BRIEF-China Southern Airlines updates on aircraft finance leases

April 27 (Reuters) - China Southern Airlines:

* Co entered into A321 finance lease agreement and A330

finance lease agreement with csa leasing company

* CSA Leasing co agreed to provide finance leasing to

company in relation to one Airbus A321 Aircraft and one airbus

A330-300 Aircraft

* By utilising free trade zone finance lease structure with

csa leasing co, co will reduce its financing costs by about

US$4.92 million

* Catalogue price of one airbus A321 aircraft is priced

differently in range of US$85.8 million to US$110.1 million

* Says total rental fee and handling fee for aircraft

finance leases shall not exceed US$250.93 million

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