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DECEMBER 2015

Week 51

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China Southern to spend US$10.12 billion on 110 B737MAX and B737NG aircraft

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December 18th 2015

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On Thursday, China Southern Airlines (CSA), the country’s largest carrier, announced it had ordered 80 Boeing 737Max and 30 737NG aircraft, at list prices, before discounts, of US$10.12 billion, for its fleet and that of its subsidiary, Xiamen Airlines. Read More » Deliveries are scheduled from 2017 to 2021. CSA said it would take 30 B737NGs and 50 of the B737MAX airliners to fulfil its targets in China’s next five year plan, effective from next year. The remaining 30 B737MAX airplanes would be delivered to the Fujian province based Xiamen Airlines from 2018 to 2021. Xiamen also said it would convert its order for the last nine of its B737NGs to B737MAXs. The new orders follow China president Xi Jinping’s signing in September for 300 Boeing planes during a state visit to the U.S. At the same time, during the Chinese president’s visit to the U.S. manufacturer’s Seattle headquarters, Boeing and the Commercial Aircraft Corporation of China (COMAC) announced they had formed a partnership to build a B737 completion centre in China, but said no final decision had been made on the location of the facility. 

“China Southern’s commitment is a solid endorsement of the popularity of the Next Generation 737 and 737MAX,” Boeing Commercial Airplanes senior vice president for Northeast Asia sales, Ihssane Mournir, told Bloomberg in Beijing.

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