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Xiamen Airlines announces commitment to purchase 40 737-800s

3-Aug-2012 6:16 PM
Xiamen Airlines, 51% owned by China Southern Airlines, and Boeing announced (03-Aug-2012) a commitment to purchase 40 737-800s. The airline plans to use the aircraft for more international routes to meet growing passenger traffic in Asia Pacific and China. The order, which is valued at USD3.5 billion at list prices although "significant" price concessions were obtained, requires Chinese Government approval and Boeing will work with Xiamen Airlines to obtain approval. After that time the order will be posted to Boeing's Orders & Deliveries website. Xiamen Airlines currently operates an all-Boeing fleet of six 757s and 77 737NGs. The carrier plans to grow its operational fleet to 200 aircraft by the end of year 2020, with the aircraft as part of this agreement scheduled for delivery from 2016 to 2019. Xiamen Airlines will use bank loans and operating funds to finance the purchase. more - original PR - Boeing] [more - original PR - China Southern Airlines]