Kunming Airlines Commitment for 10 737s

By Airline Adviser | October 26, 2014

SEATTLE – Boeing [NYSE: BA] is pleased that Kunming Airlines has committed to purchase 10 737s, including four Next-Generation 737-700s and six 737 MAX airplanes.

The commitment, valued at $897 million at current list prices, is subject to the approval of the Chinese government and will be posted on Boeing’s Orders & Deliveries website once all contingencies are cleared.

“This commitment is a major step in our growth strategy,” said Xuan Yuen, CEO, Kunming Airlines. “The 737 is the backbone of our fleet and will continue to be in the future. These airplanes will further expand and improve our route network, contributing to our vision to build Yunnan’s gateway airport to be the forefront of the province’s economic development.”

Kunming Airlines, based at Changshui International Airport in the capital city of Yunnan province, began operations in 2009. The carrier currently serves more than 25 cities across China by operating a fleet of 10 737-700s and five 737-800s.

Source Boeing / Edited By Airline Adviser 10/26/14

Posted in Airline Adviser, Boeing, Kunming Airlines