China Southern Airlines signs $1.17bn Airbus deal

European plane maker Airbus Industrie has signed a deal with China Southern Airlines to supply the airline with 21 planes at a cost of around $1.17bn (0.96bn).

China's largest carrier, China Southern airlines, is to buy 15 A320-200 aircraft and six A319-100 aircraft, with deliveries to be made in the next two years.