Boeing [NYSE: BA] and flydubai signed a landmark agreement today for 225 737 MAX airplanes with a list price value of $27 billion. The deal represents the largest-ever single-aisle jet order – by number of airplanes and total value – from a Middle East carrier.
Signed at the 2017 Dubai Airshow in flydubai’s hometown, the agreement includes a commitment for 175 MAX airplanes, and purchase rights for 50 additional MAXs. When finalized, the purchase promises to sustain tens of thousands of direct and indirect jobs in Boeing’s U.S. factories and network of suppliers.
More than 50 of the first 175 airplanes will be 737 MAX 10s, the newest and largest member of the 737 MAX family. The MAX 10 will have the lowest seat-mile cost of any single-aisle airplane ever produced. flydubai said the balance of the initial airplane order will be made up of the popular MAX 8 and MAX 9, giving the carrier a family of airplanes with high commonality and low operating costs.
This new deal surpasses the flydubai’s previous record order of 75 MAXs and 11 Next-Generation 737-800s which was signed at the 2013 Dubai Airshow.