Xiamen Airlines and Boeing finalised (26-Aug-2013) an order for six 787-8s. Originally announced by Xiamen Airlines in May-2011, the order is valued at USD1.3 billion at list prices. Xiamen Airlines president and CEO Che Shanglun said, "Adding 787s to our all-Boeing fleet is a strategic decision to facilitate our international expansion plans. The range and efficiency of the 787 makes it an ideal fit in our new, nonstop international routes." As China's only all-Boeing fleet carrier, Xiamen Airlines has earned a profit for 27 consecutive years. The airline's expanding international network currently focuses on southeast and northeast Asia. With the introduction of the 787 beginning in 2014, the airline plans to launch new long-haul routes from Fujian to Europe, North America and Australia. Xiamen Airlines currently operates a fleet of 97 aircraft, including 17 737-700s, 74 737-800s and six 757-200s. The flight network is comprised 218 domestic routes and 26 international and regional routes. The airline will take delivery of its 100th Boeing airplane in Nov-2013. [more - original PR]
Xiamen Airlines finalises order for six 787s to faciliate international expansion plans
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United Airlines Part 2: Sustaining balance sheet strength while declaring ambitious margin targets
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