Boeing, Hainan Airlines Announce Commitment for 50 737 MAX 8s
Extends preference for all-Boeing single-aisle fleet
FARNBOROUGH, United Kingdom, July 16, 2014
FARNBOROUGH, United Kingdom, July 16, 2014 /PRNewswire/ --Boeing [NYSE:BA]
and Hainan Airlines today announced that the two companies are finalizing
terms and working toward a purchase agreement for 50 737 MAX 8s, reaffirming
the Chinese airline's preference for an all-Boeing single-aisle fleet.
The commitment, valued at more than $5.1 billion at current list prices, will
be subject to the approval of the Chinese government and will be posted on
Boeing's Orders & Deliveries website once all contingencies are cleared.
"The 737 is the backbone of our single-aisle fleet," said Adam Tan, vice
chairman and president of Hainan Group. "The new 737 MAX will help our airline
grow, become more efficient and offer five-star service for our passengers."
"It is a privilege to welcome Hainan Airlines as Boeing's newest 737 MAX
customer," said John Wojick, senior vice president of Global Sales and
Marketing, Boeing Commercial Airplanes. "As China's first Skytrax 5-star
airline, Hainan continues to modernize its fleet with market-leading
next-generation airplanes, including the 787 Dreamliner and now the 737 MAX.
We are confident that the 737 MAX will play a significant role in Hainan's
The 737 MAX has surpassed 2,100 orders from 42 customers worldwide and is the
fastest selling airplane in Boeing history. The 737 MAX incorporates the
latest-technology CFM International LEAP-1B engines to deliver the highest
efficiency, reliability and passenger comfort in the single-aisle market.
The 737 MAX 8 provides customers with more flexibility and cost efficiency
than the competition in the heart of the single-aisle market. Airlines
operating the 737 MAX 8 will see an 8 percent operating cost per seat
advantage over the A320neo.
Boeing China Communications
+86 10 5925 5505
Boeing Commercial Airplanes
Press spacebar to pause and continue. Press esc to stop.