Aviation

Boeing, Flydubai Sign Landmark Deal For 225 737 MAX Airplanes Worth $27 Bln

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.

Aviation

Boeing Faces New Setbacks as 777X Delays Extend and scraps B767-300F

Boeing’s challenges continue as employees halted production due to a strike, creating new obstacles for delivering aircraft to customers. The company now faces financial losses from delays in the delivery of its boeing 777x aircraft.

Boeing recently announced that the new delivery date for the 777-9 will be in 2026, with the freighter variant scheduled for 2028. This news has been frustrating for airlines that have committed to and are waiting for the aircraft.

Mega Comparison of Boeing 777x vs A350-1000 Aircraft

The Boeing 777X program, which began in early 2019, was initially delayed to 2021 due to COVID-19 disruptions. Subsequent issues, including defects found during testing, have placed the program under scrutiny by the FAA, which insists on the aircraft meeting all safety standards before entering service. Boeing is now facing pressure from both airlines and investors.

Boeing 777x Delay

New Commercial Airplanes expects to incur pre-tax charges of $3.0 billion related to the Boeing 777X and 767 programs.

The company forecasts a $2.6 billion pre-tax charge due to the updated timeline, which accounts for delays in flight testing for the 777-9 and the impact of the IAM (International Association of Machinists) work stoppage. The first 777-9 delivery is now expected in 2026, with the 777-8 freighter following in 2028.

Exploring the Boeing 777x: Highlights from the Debut at …

In addition, Boeing plans to conclude production of the 767 freighter, resulting in a $0.4 billion pre-tax charge. From 2027 onwards, the company will solely produce the 767-2C aircraft for the KC-46A Tanker program.

In August 2024, Boeing grounded its 777X test fleet after detecting a failure in a key engine mounting structure during a routine inspection. The new boeing 777x, powered by the GE9X engine, is the world’s largest and most efficient twin-engine jet, but this issue has caused further setbacks.

Boeing 777x, A close-up of the engine, landing gear, and wing

Comparison of 777x vs A350

Meanwhile, the Airbus A350 continues to secure new orders from airlines, becoming a strong competitor in the wide-body aircraft segment. While the a350 vs b777 offer similar ranges, the 777X is designed to carry a heavier payload.

In other developments, Boeing has hinted at starting production of a new mid-sized aircraft, the Boeing 797, which would likely compete with the Airbus A321 XLR.