FARNBOROUGH: Hainan to order 50 737 Max 8s

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Hainan Airlines has committed to 50 Boeing 737 Max 8s.

The order is subject to approval by the Chinese government. At list prices, the 50 narrowbodies are valued at $5.1 billion.

"The 737 is the backbone of our single-aisle fleet," says Hainan Group's president Adam Tan.

Hainan operates an all-Boeing narrowbody fleet.