SINGAPORE - Boeing [NYSE: BA] and Nok Airlines Public Company Limited (Nok Air) announced today from the Singapore Airshow a commitment to order eight Next-Generation 737-800s and seven 737 MAX 8 aircraft.

The commitment, valued at $1.45 billion at list prices, will establish Nok Air as the first airline in Thailand to operate the 737 MAX.

Boeing will work with the Bangkok-based airline to finalize the details of the agreement, at which time the order will be posted to the Boeing Orders & Deliveries website.

Nok Air currently operates a fleet of 14 Next-Generation 737s, this will mark the airline's first direct order with Boeing.

Patee Sarasin, CEO of Nok Air, said: "This commitment is a major step in our growth strategy.

"The 737 is the backbone of our fleet and will continue to be in the future. These airplanes position us for growth and ensure that we'll continue to operate the most reliable and fuel-efficient aircraft."

Dinesh Keskar, senior vice president of Asia Pacific and India sales, Boeing Commercial Airplanes, added: "The 737 has been a key component of Nok Air's growth over the past 10 years.

"The 737 MAX is an excellent complement to Nok Air's fleet and its low-cost business model. The airplane's efficiency, reliability and passenger amenities will enable the airline to continue to provide its customers high-quality service at a low cost."


The 737 MAX is built on the Next-Generation 737 aircraft and is powered by CFM International LEAP-1B engines