Boeing, Xiamen Airlines finalise 10-Next-Generation 737 order

Boeing (NYSE: BA) and Xiamen Airlines have finalized an order for 10 Next-Generation 737-800s, the company said.

The order, valued at USD960 million at list prices, will be posted on Boeing´s Orders & Deliveries website once all contingencies are cleared.

Formed in 1984 as China´s first joint venture between the Civil Aviation Administration of China and a municipal government, Xiamen Airlines began flying passengers in 1985 with two 737-200s serving three cities.

Mirroring the rapid growth of China´s air travel industry, the carrier now has expanded its fleet in service to 135 airplanes — 17 737-700s, 108 737-800s, 4 757-200s and 6 787-8 Dreamliners.