Today Boeing and Xiamen Airlines announced a Memorandum of Understanding (MOU) for up to thirty 737 MAX 200s at the 2016 Farnborough Airshow, valued at up to Us$3.39 billion at current list prices.
The airline, already a customer of the 737MAX , sees the MAX 200 as the perfect fit for its low cost subsidiaries, such as Jiangxi Airlines and Hebei Airlines.
Both parties will work closely to finalize the agreement, which requires the approval of Xiamen Airlines and China Southern Airline Group boards, as well as the Chinese Government.
“We are pleased with this new milestone in our relationship with Xiamen Airlines,” said Boeing Commercial Airplanes President and CEO Ray Conner. “The market-leading efficiency and reliability of the 737 MAX 200 will enable Xiamen and its subsidiaries to expand its growing network, while maintaining an optimal fleet. This MOU further demonstrates the strength of our enduring partnership and we look forward to finalizing the deal in the near future.”