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Air Nippon to Purchase Up to 15 Boeing 737-500 Jetliners

October 14, 1992

TOKYO (AP) _ Air Nippon Co. said Wednesday it has agreed to buy as many as 15 Boeing 737-500 jetliners valued at $667 million.

The first of the new planes will be delivered by 1995, said Seiji Hirota of Air Nippon. Air Nippon is a subsidiary of All Nippon Airways Co., a leading Japanese airline.

Air Nippon, a local carrier, will place firm orders for seven jetliners and secure options for eight more planes, Hirota said.

Air Nippon now has 37 planes, including 10 Boeing 737-200s, 23 Japanese- made YS-11s, two A-320 Airbuses and two Canadian DHC-6s, Hirota said.

The new planes from Seattle-based Boeing will replace its aging fleet of YS-11s, he said.

Valarie Kusuda-Smick, spokeswoman for Boeing Commercial Airplane Group, said Wednesday the deal was being negotiated but had not yet been completed.

For 1992, not counting the Air Nippon planes, Boeing has announced firm orders for 158 jets worth $11.5 billion.

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