China Express Airlines signs purchase agreement for up to 16 CRJ900 NextGen aircraft

China Express Airlines has placed a firm order for three CRJ900 NextGen airliners, as well as entered into conditional purchase agreements for five CRJ900 NextGen aircraft with options on an additional eight CRJ900 NextGen aircraft. China Express, based in Guiyang, Guizhou provides regional passenger services with its fleet of five CRJ200 aircraft and six CRJ900 NextGen aircraft. The airline is the first to operate the CRJ900 aircraft in the country. Based on the list price for the CRJ900 NextGen aircraft, the firm order is valued at approximately US$134m. Should the conditional agreements for five CRJ900 NextGen and options on the additional eight CRJ900 NextGen aircraft be converted to firm orders, the value of the contract would increase to US$733m.