Boeing and Hainan Airlines have announced that the two companies are finalising terms and working toward a purchase agreement for 50 737 MAX 8s.
The commitment, valued at more than $5.1 billion at current list prices, will be subject to the approval of the Chinese government.
“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.