Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - Boeing, Flydubai confirm $8.8 billion order  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) In addition, the Dubai-based airline retains purchase rights for 25 more 737 MAXs. The order was first announced as a commitment at the 2013 Dubai Airshow, making it Boeing's largest single-aisle airplane order in the Middle East



It was inevitable that flydubai would build on its success with the current 737-800 by selecting the 737MAX family as its preferred new airplane of choice that will deliver lower fuel burn, better reliability and new economics to allow the airline to continue its record-breaking growth trajectory, according to a senior aviation analyst



"In selecting an additional 11 more 737-800s, flydubai will be able to continue its expansion as it awaits the arrival of its first 737 MAX 8 in late 2017 - this will complement the existing 50 737-800s that the airline ordered back in 2008 whose deliveries complete at the end of 2015," Saj Ahmad, chief analyst at London-based StrategicAero Research, told Khaleej Times



"If Emirates is the world's fastest growing full service airline, there is simply no escaping the fact that flydubai is on an equal footing in terms of how fast it is growing - and customers have been intrinsic to that growth," Ahmad added



Flydubai's chief executive officer Ghaith Al Ghaith said: "2013 has been a tremendous year for flydubai. We have launched 16 new routes, delivered profitability in just three years of operation and launched our Business Class service. The confirmed order for 75 737 MAXs and 11 Next-Generation 737-800s signifies the maturing of the airline and te strength of our business model as well as support flydubai's ambitious growth.




The 737 MAX incorporates the latest technology CFM International LEAP-1B engines to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. Airlines operating the 737 MAX will see a 14 per cent fuel-use improvement over today's most fuel-efficient single-aisle airplanes



"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 of sales, Middle East, Russia and 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.



Development of the 737 MAX is on schedule with firm configuration of the airplane achieved in July 2013



The first flight is scheduled in 2016 with deliveries to customers beginning in 2017. Already a market success, the 737 MAX has accumulated more than 1,700 orders to date and will have eight per cent per-seat lower operating costs than the future competition



Flydubai placed its first order for 50 Next-Generation 737-800s at the 2008 Farnborough Air Show and took delivery of its first airplane in 2009. The airline was the first in the world to debut the Boeing Sky Interior, an enhanced onboard experience. To date, flydubai has grown its fleet to 34 Next-Generation 737-800s


 


Khaleej Times




  MENA News Headlines
 Jul 24 2016 - UAE- Joyalukkas picks 5th set of promotion winnersKhaleej Times
(MENAFN - Khaleej Times) The mega winning opportunity at Joyalukkas Summer Winnings has received an overwhelming response from customers across the GCC. The eight winners of the 60-day campaign were ...

 Jul 24 2016 - Abu Dhabi Investment Authority's real rate of return stays steadyKhaleej Times
(MENAFN - Khaleej Times) Despite volatile conditions that saw equity markets end 2015 little changed from where they began, the Abu Dhabi Investment Authority, or Adia, recorded a creditable ...

 Jul 24 2016 - UAE- Come October, Emirati-owned SMEs won't need bank guaranteesKhaleej Times
(MENAFN - Khaleej Times) A new decree has been set by the Ministry of Human Resources and Emiratisation to exempt small and medium-sized enterprises (SMEs) from bank guarantees by October 2016. ...

 Jul 24 2016 - UAE- Commodities Weekly: Just too many slippery spots for oil last weekKhaleej Times
(MENAFN - Khaleej Times) World oil prices hit the lowest levels for almost 2-1/2 months last week as a poor global growth outlook added to concerns over a long-running supply glut. US benchmark ...

 Jul 24 2016 - UAE- Rights experts urge end to crimes against childrenKhaleej Times
(MENAFN - Khaleej Times) Human rights experts urged authorities to hold background check before issuing visas for newcomers to halt crimes against children. The suggestion came during a dialogue ...

 Jul 24 2016 - UAE- Sharjah brings down serious offensesKhaleej Times
(MENAFN - Khaleej Times) Rate of serious crimes has been reduced by 56 per cent during the first half of this year compared to the same period of the last year. However, the rate of the crimes ...

 Jul 23 2016 -  Russian breaks round-the-world hot air balloon record: crewMuscat Daily
(MENAFN - Muscat Daily) Sydney- Russian adventurer Fedor Konyukhov on Saturday broke the record for the fastest round-the-world flight in a hot air balloon, his crew said. Flight coordinator John ...

 Jul 23 2016 -  'Lone' Munich shooter kills nine, commits suicideMuscat Daily
(MENAFN - Muscat Daily) Munich- A teenage German-Iranian gunman who killed nine people in a shooting spree at a busy Munich shopping centre and then committed suicide had likely acted alone, German ...

 Jul 23 2016 - Paris dismantles camp housing over 2,600 migrantsMuscat Daily
(MENAFN - Muscat Daily) Paris- Police in Paris on Friday dismantled a tent camp under a railway housing over 2,600 people mainly from Afghanistan and east Africa, part of an ongoing drive to remove ...

 Jul 23 2016 -  Kidnapped Indian charity worker rescued in AfghanistanMuscat Daily
(MENAFN - Muscat Daily) Kabul- An Indian charity worker kidnapped from Kabul has been rescued, officials said Saturday, more than a month after she was taken at gunpoint in the latest abduction of ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help