Boeing and flyadeal today announced the Middle East carrier is growing its fleet with the 737 MAX aircraft to take advantage of the airplane’s fuel efficiency, range and passenger comforts. The airline committed to ordering 30 airplanes with options for 20 more in a deal that would be valued at up to $5.9 billion at list price.
The deal is subject to both sides concluding final terms and conditions and a purchase agreement. It will appear on Boeing’s Orders & Deliveries website once all contingencies are cleared.
flyadeal, a subsidiary of Saudi Arabian Airlines, offers affordable flights within Saudi Arabia. Over the past year, the airline has conducted an evaluation process for 50 narrowbody airplanes to support domestic growth and potential international expansion. While flyadeal has been operating new Airbus A320s, the airline says it has selected the 737 MAX for the future.
flyadeal selected the 737 MAX 8 which has capacity for 189 passengers in a one-class configuration. Compared to flyadeal’s current fleet of A320s, the MAX 8 carries 12 more passengers and provides 8 percent lower operating costs per seat.”
Boeing’s partnership with Saudi Arabia’s aviation industry began in 1945 with the delivery of a DC-3 aircraft that gave birth to commercial air travel in the kingdom. Over the past seven decades, airlines in the kingdom have operated almost every Boeing commercial jetliner, including the 707, 737s Classics, MD-11Fs, 747s, 777s, and 787 Dreamliners.
Based in Jeddah, flyadeal offers flights to eight domestic destinations including Riyadh, Jeddah, Dammam, Qassim, Tabuk, Gizan, Madinah and Abha.