Shenzhen Agrees $4.3bn 737 Order

Air China has confirmed that its subsidiary Shenzhen Airlines yesterday (June 3) entered into an agreement to buy 46 737 aircraft from Boeing.

Air China has confirmed that its subsidiary Shenzhen Airlines yesterday (June 3) entered into an agreement to buy 46 737 aircraft from Boeing.

In a statement, the Chinese carrier revealed the deal was worth approximately $4.3bn, but that it had agreed “significant price concessions” from Boeing in the form of credits which can be used to lower the price of the aircraft or for purchasing other goods and services from the OEM.

The new aircraft are set to be delivered to Shenzhen from 2016 to 2020 and will boost the carrier’s capacity by six per cent.

Currently the airline operates a mixed fleet of 737 and A320 family aircraft totalling more than 100 aircraft.

 

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