Southern Airlines transferred 6 A300s for about 46.58m yuan

China Southern Airlines Company Limited signed an aircrafts transfer agreement with Tigris International N.V., Galink Aviation Technology Co., Limited and Shenyang Southern Airlines Import & Export Company Limited to sell six Airbus A300 aircrafts and five engines to Tigris. After assets evaluation and further negotiation, the deal was confirmed at 124 million US Dollars.
 

China Southern Airlines Company Limited signed an aircrafts transfer agreement with Tigris International N.V., Galink Aviation Technology Co., Limited and Shenyang Southern Airlines Import & Export Company Limited to sell six Airbus A300 aircrafts and five engines to Tigris. After assets evaluation and further negotiation, the deal was confirmed at 124 million US Dollars.
 

China Southern Airlines Company Limited signed an aircrafts transfer agreement with Tigris International N.V., Galink Aviation Technology Co., Limited and Shenyang Southern Airlines Import & Export Company Limited to sell six Airbus A300 aircrafts and five engines to Tigris. After assets evaluation and further negotiation, the deal was confirmed at 124 million US Dollars.
In addition, the company also signed another aviation materials transfer agreement with Galink and SIE to sell part of the Airbus A300 aviation materials to Galink. After assets evaluation and further negotiation, the deal was confirmed at 1.02 million US Dollars. It is estimated that the transaction would bring the company a financial income of 46.58 million Yuan.