Bloomberg: Boeing wins $3.8B 737 order amid China travel boom


Boeing (BA) will sell 50 737 aircraft worth at least $3.8B to a low-cost carrier being set up by China's Juneyao Airlines, as a loosening of government controls on low-cost travel stokes demand expectations, Bloomberg reports.

The order by Juneyao’s 9 Air subsidiary will include next-generation models of the 737 and 737 Max, which list for $76M-$110M each and equating to a price tag of $3.8B-$5.5B on the order.

Boeing has said it will deliver ~140 aircraft to China this year after a record 143 planes last year.

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Comments (5)
  • Shaduc
    , contributor
    Comments (2984) | Send Message
     
    What does the Cn govt have to gain by buying BAs fathers than ABs
    14 May 2014, 08:16 AM Reply Like
  • Shaduc
    , contributor
    Comments (2984) | Send Message
     
    rather than
    14 May 2014, 09:17 AM Reply Like
  • PeteCal
    , contributor
    Comments (90) | Send Message
     
    I once went on a ski trip with a friend.
    He managed a wind tunnel used for testing aircraft.
    We flew to British Colombia on an Airbus. On the way back it was a BA 767.
    As the plane rotated and left the ground he said," There is nothing better then the feeling of taking off in a Boeing plane".
    14 May 2014, 08:51 AM Reply Like
  • canb888
    , contributor
    Comments (673) | Send Message
     
    Chanos and Gordon Chang would say that: this news can't be real as China is going bankrupt and their per capita income is proof that their people can't afford to fly. Congrats to Boeing for getting this big order from a no-name low-cost airlines company in China.
    14 May 2014, 11:10 AM Reply Like
  • Shaduc
    , contributor
    Comments (2984) | Send Message
     
    Cn airlines are full of passengers. Up much over the past 17 years!

     

    Stick with the best, for inter Cn-travel DragonAir!
    14 May 2014, 11:17 AM Reply Like
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