The Dubai-based airline carrier has signed a Memorandum of Understanding (MoU) for a new aircraft order with Boeing. The new agreement is the airline’s fourth 737 MAX purchase and includes options for 75 additional airplanes.
flydubai has signed a MoU with Boeing
flydubai has announced it has signed a Memorandum of Understanding (MoU) with Boeing for its fourth 737 MAX purchase. The agreement for 75 orders and 75 options will enable flydubai to modernise its fleet and expand its growing network. The fleet expansion comes soon after the airline inked a $24 billion deal for 150 aircraft with Airbus.
A Memorandum of Understanding (Or MoU) is a non-legal agreement between two or more parties, it signals the parties’ willingness to move forward towards a formal contract. The new deal allows flydubai to take advantage of the 737 MAX family’s flexibility and commonality.
It also helps flydubai by leveraging the unique size and range of Boeing’s 737-8, 737-9 and 737-10 models to suit its growing business. flydubai have noted that Boeing’s 737 MAX are a reliable and fuel-efficient aircraft that has and will enabled its network to further expand.
The airline now operates in over 135 destinations, including new routes to Lasi, Nairobi, Riga, Latvia, among other cities.
Looking ahead, expanding the fleet
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai, commented on the milestone announcement, saying:
“We are pleased to announce a new aircraft order agreement with Boeing. Looking ahead, proactive fleet planning is essential to ensuring we are well-placed to meet the rising demand for travel, a demand we are confident will continue to grow. Anticipating future needs is a defining factor in the success of any airline and today’s announcement reflects our commitment to that principle.”
flydubai currently operates 96 Boeing 737 aeroplanes. The new agreement, when finalised, would add to its outstanding 737 MAX orders from prior purchases.
Stephanie Pope, President and CEO of Boeing Commercial Airplanes, has said:
“flydubai is one of the world’s first 737 MAX operators and their plan to place yet another order, their fourth 737 order to date, reflects the 737 MAX’s market-leading value and versatility. We are proud that Boeing airplanes will continue to serve as the backbone of flydubai’s strategic fleet and growth plans.”
In 2023, flydubai also placed its first-ever widebody aircraft order with a purchase of Boeing’s 30 787 Dreamliner jets.
Over the next 20 years, the Middle Eastern single-aisle fleet is projected to more than double to enhance connectivity within the region and much of Europe.
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