Kunming Airlines (Changshui) has committed to purchase 10 Boeing 737s, including four Next-Generation 737-700s and six 737 MAX airplanes.
The commitment, valued at $897 million at current list prices, is subject to the approval of the Chinese government and will be posted on Boeing’s Orders & Deliveries website once all contingencies are cleared.
Kunming Airlines, based at Changshui International Airport in the capital city of Yunnan province, began operations in 2009. The carrier currently serves more than 25 cities across China by operating a fleet of 10 Boeing 737-700s and five 737-800s.
Copyright Photo: Ivan K. Nishimura/AirlinersGallery.com. The larger Boeing 737-87L B-1926 (msn 41111) taxies at Honolulu.
Air China (Beijing) and Kunming Airlines (Kunming) signed a codeshare cooperation agreement in the city of Kunming on September 3, 2014, and the two carriers will start code share in the form of free marketing on each other’s selected domestic flights from September 15, 2014.
According to the agreement, the two carriers will connect the city of Kunming to their respective route networks. With the cooperation, Air China will put its code CA on the nearly 500 weekly flights of 26 routes operated by Kunming Airlines, which will extend its route network to the cities of Yunnan province and other neighboring cities. At the same time, Kunming Airlines will put its code KY on about 210 weekly flights of 9 routes operated by Air China, which will extend its network to most of China’s big and medium-sized cities.
In financial news, Air China reported a first half net profit of CNY 510 million ($82.8 million), down 55% for the same period a year ago.
Top Copyright Photo: Michael B. Ing/AirlinersGallery.com. Boeing 737-89L B-5425 (msn 36743) of Air China arrives at the Beijing (Capital) hub.