Skip to content

Made to order: China's Shandong Airlines gives Boeing $4.6 billion order

By Catholic Online (NEWS CONSORTIUM)
4/23/2014 (3 years ago)
Catholic Online (

Fifty Boeing 737 aircraft ordered up by world's fastest growing nation

China is a nation on the move, literally. Wishing to spread its growing industrial superiority worldwide, China's Shandong Airlines has said that it has placed an order for 50 Boeing 737 aircraft, worth $4.6 billion at list prices.

Boeing is already bogged down with 400 orders for the C919, mostly from China, many analysts expect it to win more orders, especially from domestic carriers.

Boeing is already bogged down with 400 orders for the C919, mostly from China, many analysts expect it to win more orders, especially from domestic carriers.


By Catholic Online (NEWS CONSORTIUM)
Catholic Online (
4/23/2014 (3 years ago)

Published in Asia Pacific

Keywords: Boeing 737, China, Yuan

LOS ANGELES, CA (Catholic Online) - Chinese carriers for some time have been looking to increase their fleets to cater for a growing domestic demand for air travel. Boeing told the media that it had received an order from the airline -- but refused to confirm the number of planes.

The order is awaiting approval by the Chinese government.

Check out our fine selection of Bibles -- by going here!

"Boeing is delighted with Shandong Airlines' strong interest in the efficient 737 airplane and we continue to work with them and the Chinese government to determine the best way to meet their requirement," the company said in a statement.

A growing number of airlines are looking to purchase fuel-efficient aircraft, triggering competition among plane makers.

The 737 typically has 100 to 200 seats, is a narrow-body, or single-aisle aircraft. The market is forecast to generate $20 trillion worth of sales for plane makers over the next 20 years.

The sector is currently dominated by Airbus's A320 and Boeing's 737 aircraft. If approved, the order from China will be a big win for Boeing which is not only competing with Airbus but also likely to face competition from China's state-owned Commercial Aircraft Corporation of China, or Comac.

Comac is also targeting the 100-200 seat plane market with its C919 aircraft.

Boeing is already bogged down with 400 orders for the C919, mostly from China, many analysts expect it to win more orders, especially from domestic carriers.

Rival Chinese airline Air China warned that first quarter profits will be up to 65 percent lower compared with last year as a result of the fall in the Yuan's value.

Funding much of its aircraft purchases in U.S. dollars, the state-owned airline, which reported a net profit of 249 million Yuan in the first quarter of 2013.

Rival China Southern Airlines warned on profits for the same reason last week.

The Yuan fell by 2.7 percent against the US dollar in the first quarter of the year.


'Help Give every Student and Teacher FREE resources for a world-class Moral Catholic Education'

Copyright 2018 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for FEBRUARY 2018
Say 'No' to Corruption.
That those who have material, political or spiritual power may resist any lure of corruption.


More Asia Pacific

Solved? Forensic evidence offers clue to Amelia Earhart's disappearence Watch

Image of The mystery of Amelia Earhart's disappearance may be solved.

Amelia Earhart disappeared in 1936 during an attempt to circumnavigate the globe by air. Accompanying her was her navigator, Fred ... continue reading

Catholic Church in China continues to grow despite persecution Watch

Image of The Catholic Church in China continues to grow.

Nearly 50,000 people in China were baptized into the Catholic Church in 2017, according to a report by Fides.  LOS ANGELES, CA ... continue reading

The aftermath of China's 'one child' policy is worse than we know Watch

Image of China's 'one child' policy has created demand for sex trafficking, among other problems.

Although China expanded its former one child policy to a limit of two children per family in 2015, decades of government-enforced ... continue reading

Christian persecution on the rise in India Watch

Image of Christian persecution in India is on the rise.

Compared to 2016, attacks against Christians in India by Hindu extremists more than doubled in 2017 amid efforts to label the religious ... continue reading

Living in darkness no more: India to connect last 240 million people to electricity Watch

Image of For millions of children, studying at night is dangerous. A single kerosene lamp knocked over can burn down a house in seconds. Electricity will make life safer and improve educational outcomes for millions, especially girls.

Two hundred, forty million people in India go to bed with the sun because they still lack electricity. That may change soon as the ... continue reading

Never Miss any Updates!

Stay up to date with the latest news, information, and special offers.

Learn about Catholic world

Catholic Online
Inform - Inspire - Ignite

Catholic Online Saints
Your saints explained

Catholic Online Prayers
Prayers for every need

Catholic Online Bible
Complete bible online

Catholic Online News
Your news Catholic eye

Daily Reading
Today's bible reading

Lent / Easter
Death & resurrection of Jesus

Advent / Christmas
Birth of Jesus

Rest of Catholic Online
All Catholic world we offer

Products and services we offer

Catholic Online Shopping
Catholic medals, gifts & books

The California Network
Inspiring streaming service

Advertise on Catholic Online
Your ads on

Catholic Online Email
Email with Catholic feel

Catholic Online Singles
Safe, secure Catholic dating

The California Studios
World-class post production service

Learn the Catholic way

Catholic Online School
Free Catholic education for all

Student Classes
K-12 & Adult Education Classes

School Teachers
Teacher lesson plans & resources

Support Free Education
Tax deductible support Free education

Connect with us online

Catholic Online on Facebook
Catholic social network

Catholic Online on Twitter
Catholic Tweets

Catholic Online on YouTube
Enjoy our videos

Catholic Online on Instagram
Shared Catholic moments

Catholic Online on Pinterest
Catholic ideas style inspiration

Catholic Online Logo

Copyright 2018 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2018 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.