Air China agrees to buy sixty Boeing 737s for $6 billion

Boeing Co. announced that Air China has agreed to purchase sixty 737s, including Next-Generation 737 and 737 MAX airplanes, in a deal valued at over $6 billion – at current list prices.

Ihssane Mounir, VP of Sales and Marketing, Northeast Asia, Boeing Commercial Airplanes, said:

“Our long-standing and productive partnership with Air China dates back to the airline’s beginning and we are proud the 737 has been part of their success,”

Adding:

”We are excited to see that the 737 family will play a significant role in Air China’s continued success.”

Air China, the country’s flag carrier, will receive the aircraft between 2016 and 2020.

boeing 737 max

Boeing 737 MAX. Photo Credit: Boeing Co.

Boeing aiming for record deliveries

The Chicago based company is aiming for record aircraft deliveries this year and estimates a 10% jump in production next year. Only four months ago Singapore’s BOC Aviation agreed to purchase 80 of its 737 jets for $8.8 billion.

Shares of the Boeing rose $2.05 to $128.34 in morning trading Monday.

 

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