China Southern places $3.6 billion Boeing 737 MAX order for Xiamen Airlines subsidiary

From Reuters:

China Southern Airlines Co Ltd said on March 21 it had placed an order for 30 Boeing 737 MAX narrowbodies for its Xiamen Airlines subsidiary in a deal the plane maker said was worth more than $3.6 billion at list prices.

The order, including 20 737 MAX 8s and 10 737 MAX 10s for delivery between 2019 and 2022 will be used to increase efficiency and capacity, China Southern said in a filing to the Hong Kong Stock Exchange.

Xiamen Airlines in July had signed a provisional deal during the 2017 Paris Airshow to join the group of launch customers for the 737 MAX 10, the largest version of the Boeing narrowbody family.

Boeing said the firm order for 30 jets for Xiamen Airlines had been booked in 2017 and attributed to an unidentified customer at the time. The U.S. plane maker last year received 912 net orders after cancellations, while rival Airbus SE received 1,109.

Xiamen Airlines operates an all-Boeing fleet of more than 160 jets and the new airplanes will be used with subsidiaries including Hebei Airlines and Jiangxi Airlines, Boeing said in a statement.

In other news, Xiamen Airline’s new 787-9 carries the United Nations’ goals for sustainable development on its wings as it carries passengers around the world.

The Dreamliner delivered in January 2018 at North Charleston, S.C., is painted in a special blue livery that represents the sustainable development goals adopted by the U.N. in September 2015.

Xiamen, China’s largest all-Boeing fleet carrier, signed an agreement with the U.N. in February 2017, becoming the first airline to work with the international body on the sustainability theme. The agreement is an innovative attempt to leverage both parties to generate more awareness throughout the world, said Zhao Dong, president of Xiamen Airlines.

The new 787-9 is also the first fully painted special livery for Xiamen.

Based on in-service data, Boeing says the 787 family is delivering unmatched fuel efficiency to customers, using 20 to 25 percent less fuel and having 20 to 25 percent fewer emissions than the airplanes they replace. The 787 family also has saved over 21 billion pounds of fuel since entering service in 2011 based on projected savings versus replacement airplanes.

The airplane itself also strongly testifies to many sustainable goals worldwide, such as sustainable cities and communities; responsible consumption and production and climate action, said Brad Zaback, vice president and general manager of the 787 Program.

The United Nations General Assembly unanimously adopted the “Transforming our world: The 2030 agenda for sustainable development” goals in 2015. They contain 17 goals with targets to be achieved over the next 15 years.

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