Boeing (BA) and Xiamen Airlines announced a Memorandum of Understanding for the purchase of up to 30 737 MAX 200 airplanes, valued at up to $3.39 billion at current list prices. Xiamen Airlines, which is already a 737 MAX customer, sees the MAX 200 as a fit for its low cost subsidiaries.
Xiamen Airlines is a stated-owned subsidiary of China Southern Airlines. It currently operates an all-Boeing fleet of more than 140 airplanes including six 787 Dreamliners, 130 Next-Generation 737s and four 757s.
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