Boeing announces $27bn order from flydubai for 737 MAXs

Boeing says it has secured an order from Gulf airline flydubai for 225 medium-haul 737 MAX aircraft with a list price of $27 billion hailing it as the

Boeing has announced today a $27bn (£20.5bn) deal with low-priced carrier FlyDubai for up to 225 airplanes, which it says marks the biggest single-aisle jet purchase by an airline in the Middle East.

The plane maker said the new agreement includes a commitment for 175 MAX airplanes, and purchase rights for 50 additional MAXs in a deal that could "sustain tens of thousands of direct and indirect jobs" in the company's US factories and network of suppliers.

Boeing and flydubai signed a landmark agreement on November 15 for 225 737 MAX airplanes with a list price value of $27 billion. When finalized, the purchase promises to sustain tens of thousands of direct and indirect jobs in Boeing's USA factories and network of suppliers, according to Boeing. The 737 MAX family a favorite of low cost carriers has a operating cost that is about 8 per cent less than its main competitor, Boeing said.

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Kuwait-based ALAFCO, a global provider of commercial aircraft leasing products, now has 40 737 MAXs on order.

Boeing dominates the scorecard so far at the Nov 12-16 show, with $19 billion of orders and provisional commitments while Airbus has yet to disclose an order.

No-frills airline flydubai, which serves 95 destinations in 44 countries, is an all-Boeing carrier.

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"We have had success with the 737 family in the past and are confident the 737 MAX will continue to help grow our business".

The 737 Max model purchased by Flydubai is the fastest-selling airplane in the history of Boeing, having surpassed 4,000 orders from 92 customers. All variants of the jet are powered by the CFM International Leap-1B engine. To date, it has taken delivery of 63 737-800s and three 737 MAX 8 aircraft.

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