Monday, August 6, 2012
Xiamen Airlines to Purchase 40 Boeing Next-Generation 737s
Xiamen Airlines has agreeed to purchase 40 Next-Generation 737s, Boeing announced Friday.
The deal is worth $3.5 billion, and Boeing is working with Xiamen Airlines to obtain approval from the Chinese Government for the deal. Xiamen is a privately-owned subsidiary of China Southern Airlines, and is looking to increase their fleet of all-Boeing aircraft to 200 by the end of 2020.
Xiamen is the latest Asian-Pacific customer to place a large order of the fuel efficient 737s from Boeing recently, as passenger loads and demand continues to grow in the Asia-Pacific market. SilkAir, a regional subsidiary of Singapore Airlines, recently signed an agreement for up to purchase up to 68 of the Next-Generation 737s.
"Xiamen Airlines is a valued customer of The Boeing Company and we are delighted that Xiamen has decided to add to their expanding Next-Generation 737 fleet," said Ihssane Mounir, vice president of sales and marketing for Greater China and Korea at Boeing.