Boeing announced on Friday that Xiamen Airlines has agreed to purchase 40 Boeing Next-Generation 737-800 aircraft.
Xiamen Airlines plans to use the aircraft for more international routes to meet growing passenger traffic in Asia-Pacific and China. There is still a hurdle to get over with this 737 purchase.
The order, which is valued at $3.5 billion at list prices, requires Chinese Government approval. Boeing will work with Xiamen Airlines to obtain this approval and once received, will post the order on Boeing’s Orders & Deliveries website.
“Xiamen Airlines is a valued customer of The Boeing Company and we are delighted that Xiamen has decided to add to their expanding Next-Generation 737 fleet,” said Ihssane Mounir, vice president of Sales and Marketing for Greater China and Korea, Boeing Commercial Airplanes.
“This commitment from one of the fastest growing airlines in the world is a testament to the world’s best-selling airplane and the many advantages the Next-Generation 737 provides to the airline and its passengers.”
Xiamen Airlines currently operates an all-Boeing fleet of six 757 airplanes and 77 Next-Generation 737 aircraft. The carrier plans to grow its operational fleet to 200 airplanes by the end of year 2020.
The Next-Generation 737 is the most fuel-efficient and reliable single-aisle airplane today with an 8 percent per-seat operating cost advantage over the nearest competitor. Known for its reliability, fuel efficiency and economical performance, the 737-800 is selected by leading carriers throughout the world because it provides operators the flexibility to serve a wide range of markets.
A 737 can seat 162 passengers in dual class and up to 189 passengers in a high density configuration. It can fly 175 nautical miles (320 kilometers) farther and consume up to 7 percent less fuel while carrying 12 more passengers than the competing model.
Xiamen-based Xiamen Airlines is a privately-owned subsidiary of China Southern Airlines.