Boeing [NYSE: BA] today announced a commitment for 30 737 airplanes from an unidentified Chinese customer at the 2016 Farnborough Airshow.
The commitment includes a mix of 737 MAX and Next-Generation 737 airplanes, valued at more than $3 billion at current list prices.
"The agreement demonstrates the confidence the market has in the 737 family of airplanes," said Boeing Commercial Airplanes President and CEO Ray Conner . "The new airplanes will bring the leading edge of passenger comfort, efficiency and reliability in the single-aisle market to our customer."
The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor.
Boeing will work closely with the customer to finalize the agreement. The order will be posted on Boeing's Orders & Deliveries website once all contingencies are cleared.
Source: The Boeing Company (NYSE: BA)
Date: Jul 12, 2016