Donghai Airlines has signed a memorandum of understanding (MoU) with Boeing covering 25 737 MAXs and five 787-9 Dreamliners. It is valued at $4bn at current list prices.
The airline’s Chairman, Wong Cho Bau said he was “very pleased to be working again with the Boeing Company”. In 2013 Donghai Airlines ordered 15 737-800s and ten 737 MAX 8s.
He added: “Donghai Airlines has undergone steady development over the past ten years since the beginning of our freighter operations in 2006. Under China’s One Belt One Road initiative, we will accelerate our fleet expansion plan to satisfy the rapidly growing air travel market and help build our home base Shenzhen as the transportation hub in southern China. We’re committed to introducing new next-generation airplanes that deliver the industry-leading fuel efficiency and passenger comfort in their segment market as a key effort to fulfill the plan.”
Boeing will now work with Donghai Airlines to finalise the details of the agreement.
“We are honored by Donghai Airline’s reaffirmation of the 737 MAX, and we look forward to welcoming Donghai as our new 787 customer,” said Boeing Commercial Airplanes President & CEO Ray Conner. “These new airplanes will provide Donghai Airlines with the added efficiency, operating economics and passenger comfort for their business growth domestically and internationally.”
By 2020 Donghai Airlines will have a fleet of 50 aircraft – 45 737s and five 787s and it is intending to grow to 100 by 2025.