Air China orders seven Boeing 737s

Boeing has finalized an order with Air China, the People's Republic of China flag carrier, for seven new Next-Generation 737-700 jetliners, which will boost the operator's Boeing fleet to 139 airplanes.

Delivery of the airplanes, which are valued at approximately $360 million at list prices, is to begin in November 2005, and extend through mid 2006. Air China will use the airplanes on its domestic routes.

"Our great relationship with Air China goes back to the airline's beginning and we're proud to be part of their success," said Rob Laird, vice president, China Sales - Boeing Commercial Airplanes. "The 737-700 and -800 have become the backbone of Air China 's domestic and regional operations because they are the most reliable and efficient single-aisle airplanes in their class."

Air China's new Boeing 737-700s will be powered by CFM56-7 engines produced by CFMI, a joint venture of General Electric Co. of the U.S. and Snecma of France.