Hainan Agrees $5.1bn Order For 737MAX

China’s Hainan Airlines signed a purchase agreement for 50 737 MAX 8 aircraft at the Farnborough Airshow yesterday (July 16). Reaffirming the carrier’s preference for an all-Boeing single-aisle fleet, its latest commitment is valued at more than $5.1bn at current list prices (subject to Chinese government approval). Speaking at the signing, Hainan Group’s vice chairman and president, Adam Tan, remarked on the 20-year history that the airline and Boeing share; noting that much of Hainan’s growth, development and success was thanks to its partnership with the OEM. “The 737 is the backbone of our single-aisle fleet and the new 737 MAX will help our airline grow, become more efficient and offer a five-star service for our passengers,” he said. The new aircraft are intended to operate within China and across the wider Asia-Pacific region. The latest 737MAX order came as Boeing confirmed that it would complete its 5000th next-generation 737 this week.

TAGS: Asia
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