Boeing wins $1.3 billion buy commitment from China's Okay Airways

The deal is subject to the approval of the Chinese government and will be posted on Boeing's list of orders once the green light is given

Boeing
The Boeing logo is seen at their headquarters in Chicago. Photo: Reuters
AFPPTI Singapore
Last Updated : Feb 17 2016 | 11:04 AM IST
Boeing said today it has won a commitment from China's Okay Airways to buy 12 aircraft from the 737 family in a deal worth $1.3 billion.

The deal is subject to the approval of the Chinese government and will be posted on Boeing's list of orders once the green light is given, the US aircraft maker said at the Singapore Airshow.

Okay Airways, a privately owned airline with headquarters in Beijing, committed to buy eight 737 MAX 8s, three 737 MAX 9s and one next generation 737-900 extended range version.

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"We greatly value the ties we have built over the years with Boeing," said Okay Airways chairman Wang Shusheng.

He said the additional orders "will modernise our fleet and ensure we operate the most efficient fleet well into the future".

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First Published: Feb 17 2016 | 10:28 AM IST

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