China Eastern orders 50 Boeing planes in USD 4.6 bn deal

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AFP New York
Last Updated : Jul 09 2015 | 10:42 PM IST
US aerospace giant Boeing said today it had won an order for 50 aircraft from China Eastern Airlines, worth USD 4.6 billion at list prices.
"Boeing is delighted with China Eastern Airlines's decision to purchase 50 Next-Generation 737-800s," the company said in a statement.
The Shanghai-based airline plans to use the single-aisle 737s, the world's best-selling airplane, for operation by its subsidiary China United Airlines, it said.
China Eastern has a fleet of more than 430 long-haul and short-haul aircraft serving nearly 80 million travelers annually, according to its website.
A member of the SkyTeam airline alliance, China Eastern said it ranks among the world's top five airlines by passenger transportation volume.
Shares in Dow member Boeing jumped 1.2 per cent to USD 143.65 in midday trade on the New York Stock Exchange.
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First Published: Jul 09 2015 | 10:42 PM IST

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