China Southern Airlines has revived efforts to sell its Boeing 787-8 fleet, with plans to offer the 10 aircraft through an online auction.
The airline had previously attempted to sell the fleet but temporarily suspended the process earlier this year.
Along with the 787-8s the sale package includes a pair of spare GE Aerospace GEnx-1B engines.
Details of the aircraft and powerplants feature in a listing on the trading portal of the Shanghai United Assets and Equity Exchange.
It states that the listing was updated on 28 August and will expire on 25 September.
The airline is selling the 787-8s to “further optimise its fleet structure”, the exchange states, and is inviting both domestic and international inquiries.
Auctioning of the fleet will take place over a 1h period through the Hong Kong stock exchange online bidding system.
While each aircraft is listed at around CNY359-382 million ($50-53 million), the listing says the starting price will be the sum total of the 12 assets, CNY3.96 billion.
This is in line with previous indications that it was not prepared to offer the jets individually but would only divest them as a batch.
No physical aircraft inspection is being arranged, it adds. The assets will be delivered at Guangzhou or another location agreed between the parties.
