Hainan Airlines to buy 50 Boeing 737 MAX

HAIKOU, July 17 (Xinhua) -- Hainan Airlines is finalizing a deal to spend over 5.1 billion U.S. dollars to buy 50 Boeing 737 MAX8 aircraft, the company said on Thursday.

The commitment will be officially logged after government approval.

"The Boeing 737 MAX will help our company grow more efficiently and offer our passengers five-star service," said Tan Xiangdong, vice chairman and president of Hainan Airlines.