China Southern Airlines announced a deal Tuesday with the Boeing Co. for 10 of its 777 aircraft.
The carrier has agreed to buy ten Everett-built 777-300 Extended Range jets, it said in a statement.
The deal is worth nearly $3 billion at list prices, though the carrier said it got “significant price concessions” from Boeing. China Southern said that it would lose the price concessions if it disclosed publicly the purchase price, though it had asked Boeing to do so.
This is the first time China Southern has bought 777-300ER jets from Boeing. But the carrier has ordered 777 freighters and 777-200 aircraft.
Boeing is to deliver the 777s from 2013 to 2016.
Last week, Boeing announced a change to its 777 management team, possibly signaling the company’s intent to develop the next version of the 777 soon.