China's Ruili Airlines plans to order 60 planes from Boeing worth US$6b

A start-up airline based in Kunming has teamed up with two Chinese lessors to order 60 737-MAX planes worth US$6 billion from Boeing.

Kunming-based start-up Ruili Airlines teams up with two mainland leasing firms to purchase 737-MAX planes. Photo: Boeing

A start-up airline based in Kunming has teamed up with two Chinese lessors to order 60 737-MAX planes worth US$6 billion from Boeing.

Ruili Airlines, wholly owned by Yunnan Jingcheng Group, said it planned to purchase 30 of Boeing's newest narrowbody planes with Avic Leasing and another 30 with Minsheng Financial Leasing.

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