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China Southern Airlines has reached an agreement with Sale Ireland Ltd. to lease five planes for a period of 12 years. The airline issued a statement in the China Securities Journal on Monday saying it will lease the planes beginning in early 2006.
The delivery of the five Airbus A320-200s will begin between February and May of next year.
The company didn't give details on the value of the deal.
(CRIENGLISH.com December 14, 2005)
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