Xiamen Airlines and Boeing signed a purchase agreement for 30 B737 MAX -- 20 B737 MAX 8s and 10 B737 MAX 10s, worth about US$104 million and US$116 million, respectively, at list prices.

The aircraft will be delivered in stages to Xiamen Airlines between 2019 to 2022, of which five B737 MAX 8s will be delivered in 2019, seven MAX 8s in 2020, eight 8s and seven MAX 10s in 2021, and three MAX 10s in 2022.

The consideration will be partly payable by cash and partly by financing arrangements with banks or other institutions, according to a filing on Hong Kong Stock Exchange.

The parent of Xiamen Airlines is China Southern Airlines.