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China Buys 30 Boeing 737 Jetliners
A purchase agreement worth nearly 1.6 billion U.S. dollars was concluded in Washington Tuesday between four Chinese airlines and the Boeing Company.
The contract has been the biggest one for Boeing since the terrorist attacks hit New York and Washington on September 11.
Under the agreement, China Southern Airlines, China Eastern Airlines, Hainan Airlines and Shanghai Airlines will purchase 30 newly-developed Boeing 737 jetliners, 20 of which will go to Southern Airlines. The airplanes will be delivered 2002 through 2005.
Representatives from the Chinese airlines and Alan Mulally, president and chief executive officer of Boeing Commercial Airplanes sighed the agreement.
The agreement was closed at a signing ceremony at the Department of Commerce, in the presence of Secretary of Commerce Donald Evans, Vice Chairman of the Chinese State Development Planning Commission Zhang Guobao.
Zhang Guobao said the agreement was the biggest one for Chinese civilian aviation industry in recent years and a symbol of close relations between China and Boeing. Secretary Donald Evans said that the contract will bring together U.S. and China closer.
Source: Xinhuanet
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