Boeing and Airbus duel for multibillion-dollar deals

Flydubai 737 MAX 8

Flydubai’s first 737 MAX 8 takes off from Boeing’s Seattle delivery center in July. (Boeing Photo)

There’s nothing like an international air show to bring out the multibillion-dollar sales, and the 2017 Dubai Airshow is setting a new standard.

Boeing’s big deal of the day was an agreement with flydubai, the hometown airline, for the purchase of up to 225 more 737 MAX jets for a list-price value of $27 billion. More than 50 of the first 175 planes will be 737 MAX 10s, the newest and largest variant in the MAX family.

“We are extremely honored that flydubai has selected to be an all-Boeing operator for many years to come,” Kevin McAllister, Boeing Commercial Airlines’ president and CEO, said today in a news release. Flydubai has already taken delivery of 63 737-800s and three 737 MAX 8 airplanes under the terms of previous deals.

Not to be outdone, Airbus announced a memorandum of understanding for the purchase of 430 airplanes in its A320neo family, valued at $49.5 billion at list prices.

The deal was struck with Phoenix-based Indigo Partners, a private equity firm that owns Denver-based Frontier Airlines and also backs Mexico’s Volaris airline, Hungary’s Wizz Air and Chile’s JetSmart.

Get the full story on GeekWire.

About Alan Boyle

Award-winning science writer, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
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