China’s fast-growing airlines were among the big spenders on the first day of the Farnborough Air Show.
Okay Airways, which is based in Beijing, placed an order on Monday for six Boeing 737 MAX 8s and four standard Boeing 737-800s, valued at US$980 million at current list prices.
The deal will also see Okay Airways convert five B737-800s from a previous order into larger B737-900ER model, making it the first Chinese airline to order the B737-900ER.
“The 737 is the backbone of our fleet and has fuelled our growth with its proven reliability and efficiency,” said Liu Weining, president of Okay Airways. “The addition of the new 737 MAX airplanes will help us explore new regional markets while strengthening our existing domestic routes.”
Meanwhile, start-up carrier Zhejiang Loong Airlines has signed a Letter on Intent to acquire 20 CS100 aircraft from Bombardier, worth US$1.3 billion.
The Hangzhou-based carrier, which was formerly a cargo airline, launched its first ever passenger services in December 2013, and also has outstanding orders with Airbus for its A320 and A320neo aircraft.