Flyadeal sign commitment for up to 50 B-737 MAX airplanes
30 orders and 20 options for the growing Middle East carrier
Boeing and flyadeal today announced the Middle East carrier is growing its fleet with the 737 MAX. The airline committed to ordering 30 airplanes with options for 20 more in a deal that would be valued at up to $5.9 billion at list price.
The deal is subject to both sides concluding final terms and conditions and a purchase agreement. It will appear on industry's Orders & Deliveries website once all contingencies are cleared.
It is a subsidiary of Saudi Arabian Airlines and offers flights within Saudi Arabia. Over the past year, the airline has conducted an evaluation process for 50 narrowbody airplanes to support domestic growth and potential international expansion. While flyadeal has been operating new A-320s, the airline says it has selected the 737 MAX for the future.
The carrier selected the 737 MAX 8 which has capacity for 189 passengers in a one-class configuration.
Boeing's partnership with Saudi Arabia's aviation industry began in 1945 with the delivery of a DC-3 aircraft that gave birth to commercial air travel in the Kingdom. Over the past seven decades, airlines in the Kingdom have operated almost every Boeing commercial jetliner, including the 707, 737s Classics, MD-11Fs, 747s, 777s, and 787 Dreamliners.
The 737 MAX has accumulated more than 4,800 orders from over 100 customers worldwide. The airplane's performance is enabled by the latest technology in the single-aisle market, including advanced CFM International LEAP-1B engines, Advanced Technology winglets, and other airframe enhancements.
Based in Jeddah, flyadeal offers flights to eight domestic destinations (Riyadh, Jeddah, Dammam, Qassim, Tabuk, Gizan, Madinah and Abha).
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