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China's Okay Airways buys Boeing jets worth US$980m

Okay Airways, the first privately-owned Chinese carrier, has agreed to buy 10 single-aisle Boeing planes worth US$980 million at current list prices, the US planemaker said.

FARNBOROUGH, United Kingdom: Okay Airways, the first privately-owned Chinese carrier, has agreed to buy 10 single-aisle Boeing planes worth US$980 million at current list prices, the US planemaker said on Monday.

Boeing and Okay Airways announced an order for six 737 MAX 8s and four Next-Generation 737-800s at the Farnborough airshow near London.

Okay Airways is also converting five 737-800s from a previous order into 737-900ERs, a statement added.

"The 737 is the backbone of our fleet and has fueled our growth with its proven reliability and efficiency," the statement quoted Okay president Liu Weining as saying.

"The addition of the new 737 MAX airplanes will help us explore new regional markets while strengthening our existing domestic routes," he added.

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