Kunming Airlines (KY, Kunming Changshui) has committed to purchase ten B737s, including four B737-700s and six B737 MAX aircraft, from Boeing (BOE, Washington National). The commitment, valued at USD897million at current list prices, is subject to the approval of the Chinese government.
“This commitment is a major step in our growth strategy,” said Xuan Yuen, CEO, Kunming Airlines. “The 737 is the backbone of our fleet and will continue to be in the future. These airplanes will further expand and improve our route network, contributing to our vision to build Yunnan’s gateway airport to be the forefront of the province’s economic development.”
Founded in 2009, the Shenzhen Airlines (ZH, Shenzhen) subsidiary currently serves 28 cities across China using a fleet of six B737-700s and four B737-800s.
