Under the terms of a $1.3 billion agreement, South Carolina-based Boeing and Okay Airways of China have committed to putting 12 737 jets into service — eight MAX 8zs, three 737 MAX 9s and one Next-Generation 737-900ER (Extended Range).
"We greatly value the ties we have built over the years with Boeing," Wang Shusheng, chairman for Okay Airways, said. "The Boeing Next-Generation 737 has been the mainstay of our fleet since we started operations. The introduction of additional 737s, including the new 737 MAX, will further modernize our fleet and ensure we operate the most efficient fleet well into the future."
The agreement has been forwarded to the Chinese government for approval, after which it will be posted on Boeing's Orders & Deliveries website.
Once the agreement is approved, Okay Airlines will become the first Chinese airline to offer service on the 737 MAX 9; it will also bring the total of airplanes in Okay's fleet to 17.
"We are honored to welcome Okay Airways as our newest 737 MAX 9 customer," Ray Conner, president and CEO of Boeing Commercial Airplanes, said. "The reaffirmation of additional 737-900ERs and 737 MAX 8s is a testament to the success that Okay Airways has established with the 737 family. We look forward to extending our partnership with Okay for decades to come."
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