Greater Bay Airlines Announces Order for 15 737-9 Airplanes

Rhea-AI Summary

On March 3, 2023, Greater Bay Airlines (GBA) announced an order for 15 Boeing 737-9 airplanes, including a commitment for five 787 Dreamliners. This order aims to support GBA's strategy to launch international long-haul services from Hong Kong. GBA plans to utilize the 737-9's enhanced capacity and range to reduce trip costs and expand its Asian network. Currently operating three 737-800 jets, GBA intends to grow its fleet to accommodate its expansion plans. Boeing's 737 MAX family offers improved efficiency and reduced emissions, with over 5,300 planes ordered globally since its launch.

Positive

• Order for 15 737-9 airplanes enhances GBA's fleet and operational capacity.
• Commitment for five 787 Dreamliners supports international expansion plans.
• GBA aims to reduce trip costs and expand into major Asian markets.

Negative

• None.

HONG KONG, March 3, 2023 /PRNewswire/ -- Greater Bay Airlines (GBA) and Boeing [NYSE:BA] today announced an order for 15 737-9 airplanes. The agreement also includes a commitment for five 787 Dreamliners to support GBA's long-term plan to launch international long-haul service.

The new Hong Kong-based carrier said the 737-9 will form the backbone of its future fleet as it seeks to operate more flights between Hong Kong and major cities in Asia and Mainland China. GBA plans to leverage the 737-9's enhanced capacity and range to lower trip costs and expand its network.

"The 737-9 will allow GBA to open up new routes from Hong Kong with unmatched economics," said Wong Cho Bau, chairman of GBA. "The new order will bring fantastic growth possibilities to GBA and enable us to strive for excellence in an innovative way for our valued customers."

GBA is an all-Boeing carrier currently operating a fleet of three 737-800 jets with flights to four destinations, including Bangkok, Taipei, Tokyo and Seoul. The airline also plans to bring in a number of additional 737-800s to meet its expansion needs before the arrival of the 737-9.

"GBA's commitment for 737-9s is a major endorsement of our 737 MAX family and its ability to serve new markets," said Stan Deal, president and CEO of Boeing Commercial Airplanes. "The 737-9 will provide GBA with unmatched efficiency and reliability and lower operating costs, while continuing to provide a premium on-board experience for its passengers."

The 737-9 is designed to seat more than 190 passengers in a two-class configuration with a range of 3,300 nautical miles, providing operators added capacity and increased profitability within their network.

The 737 MAX family delivers enhanced efficiency, improved environmental performance and increased passenger comfort to the single-aisle market, while offering excellent economics and reducing fuel use and emissions by 20% compared to the airplanes it replaces. Since the 737 MAX was launched in 2011, more than 100 customers around the world have placed firm orders for more than 5,300 airplanes.

Greater Bay Airlines is a Hong Kong-based carrier offering scheduled passenger and cargo services. The airline, which commenced scheduled service in July 2022, has a plan to develop an extensive network of air services to major cities in Asia and Mainland China from Hong Kong, riding on the back of the opening of the three-runway system at Hong Kong International Airport in late 2024. 

Contact
Yukui Wang
Boeing Communications
Tel: +86 13601317722
yukui.wang@boeing.com 

Boeing Media Relations
Media@boeing.com 

Kenrick Ko
Corporate Communications Department
Greater Bay Airlines
Tel: +852 3956 6142
kenrickko@greaterbay-airlines.com 

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SOURCE Boeing

FAQ

What did Greater Bay Airlines announce on March 3, 2023?

Greater Bay Airlines announced an order for 15 Boeing 737-9 airplanes and a commitment for five 787 Dreamliners.

How will the new Boeing 737-9 airplanes benefit Greater Bay Airlines?

The 737-9 airplanes will enhance capacity, reduce trip costs, and expand GBA's network to major cities in Asia.

What is the significance of the 787 Dreamliners commitment for Greater Bay Airlines?

The commitment for five 787 Dreamliners supports GBA's long-term plan to launch international long-haul services.

What is the current fleet status of Greater Bay Airlines?

GBA currently operates three 737-800 jets and plans to acquire additional 737-800s before receiving the 737-9s.

How many Boeing 737 MAX airplanes have been ordered globally?

Over 5,300 Boeing 737 MAX airplanes have been ordered globally since its launch.