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Flydubai and Boeing Agree on astonishing $8.8billion Deal

Flydubai and Boeing Agree on astonishing $8.8billion Deal

FlyDubai-Boeing-2013-Dubai-AirshowA new contract between Flydubai and Boeing has been announced at the 2013 Dubai Airshow, placing Boeing on a top position as the largest single-aisle airplane order to have been placed in the Middle East, consisting of an order for 75-737 MAX 8s and 11-Next Generation 737-800s, with a listing price of $8.8 billion.

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As a bonus, Flydubai also aquired purchase rights for another lot of 737 MAXs.

The Flydubai chief executive has stated that the past year has been a tremendous year for them.  And it is not hard to figure out why, with the launch of the Business Class service and the newly launch of 16 extra routes.

“The confirmed order for 75 737 MAXs and 11 Next-Generation 737-800s signifies the maturing of the airline and the strength of our business model as well as support flydubai’s ambitious growth.”

The 737 MAX model embodies the latest flight technologies with CFM International LEAP-1B engines for top notch efficiency, comfort and reliability.

Consumption-wise, airlines using the 737 MAX will benefit from a 14 percent fuel economy, in comparison to the most-fuel efficient models today.

“The order is a tremendous endorsement of the ongoing popularity and reliability of the Next-Generation 737-800 and the unsurpassed fuel efficiency that the 737 MAX will offer in the single aisle market,” said Marty Bentrott, vice president, sales, Middle East, Russia & Central Asia, Boeing Commercial Airplanes.

“We are very proud to be partners in Flydubai’s success and that the airline will continue its expansion with an all-Boeing fleet.”

The 737 MAX has been fully developed since july 2013, with a first flight to be scheduled in 2016. Customers will be able to enjoy the model in 2017.

An echoing success, for the Boeing 737 MAX there have been over 1,700 orders placed today as it offers an eight percent/seat lower operating cost than its competitors.

About The Author

Joe Wehinger is the CEO of United Digital & Associates and the Publisher of this magazine Daily Ovation. He enjoys (and writes about) food, wine, spirits, travel, technology and philanthropy. Mostly, he likes to get people excited and curious about the things that get him excited and curious. Thanks for reading!

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