flydubai, Boeing finalise 'landmark' $27bn airplanes deal

Purchase of 175 737 MAX airplanes in the largest single-aisle jet order in Middle East history
By Staff writer
Fri 22 Dec 2017 01:59 AM

Boeing and flydubai said on Thursday they have finalised the purchase of 175 737 MAX airplanes in the largest single-aisle jet order in Middle East history.

The deal – which includes options for an additional 50 jets – is valued at $27 billion at current list prices.

The deal was first announced as a commitment at the 2017 Dubai Airshow.

"I am delighted that we end 2017 with today's announcement representing the next chapter in flydubai's success story," said Ghaith Al Ghaith, CEO, flydubai.

"This is our largest order in our eight-year history and our third order with Boeing whose aircraft have given us the ability to carry 44 million passengers since we began operations. With up to 296 aircraft on order, we have become one of the world's top ten airlines in terms of order backlog and we look forward to continuing to enhance the connectivity of Dubai's aviation hub."

flydubai, an all-Boeing operator, first ordered the 737 MAX in 2013 with a purchase of 75 jets. The carrier has taken delivery of five MAX airplanes from that order.

"We are excited to finalise this landmark agreement with our partners at flydubai and we thank them for placing their trust in the 737 MAX family," added Ihssane Mounir, senior vice president, Global Sales & Marketing, Boeing Commercial Airplanes.

"We look forward to hundreds of MAX airplanes supporting flydubai's continued success."

The 737 MAX has racked up 640 net orders this year and more than 4,200 orders since the program launched, making the MAX the best-selling airplane in Boeing history.

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