DUBAI: Flydubai has sealed the deal on the largest single-aisle jet order in Middle East history with the purchase of 175 737 MAX airplanes from Boeing.
Currently valued at $27 billion, the deal includes options for the budget carrier, which is an all-Boeing operator, to purchase a further 50 737 MAX jets.
The model is the best-selling airplane in Boeing history, with 640 orders so far this year.
“This is our largest order in our eight-year history and our third order with Boeing whose aircraft have given us the ability to carry 44 million passengers since we began operations,” said Ghaith Al-Ghaith, CEO, flydubai.
“With up to 296 aircraft on order, we have become one of the world’s top ten airlines in terms of order backlog and we look forward to continuing to enhance the connectivity of Dubai’s aviation hub.”
The airline first ordered 75 737 MAX jets in 2013.
Boeing signs off on record $27bn jet deal with flydubai
Boeing signs off on record $27bn jet deal with flydubai
DP World announces new leadership appointments
DUBAI: DP World announced the appointment of Essa Kazim as Chairman of its Board of Directors and the appointment of Yuvraj Narayan as Group Chief Executive Officer.
Essa Kazim currently serves as Governor of the Dubai International Financial Centre and Chairman of Borse Dubai. He brings extensive experience in financial and economic affairs, having previously held senior leadership positions in several national institutions.
Yuvraj Narayan has extensive professional experience in financial management, corporate finance, supply chains, and global trade. Since joining DP World in 2004, he has led a number of strategic and transformational initiatives that supported the company’s expansion across international markets and strengthened its role as an integrated global provider of end-to-end supply chain solutions.
Narayan has served as Group Chief Financial Officer since 2005, contributing to the company’s financial resilience and operational efficiency.
DP World affirmed that the new appointments support its strategy for sustainable growth and reinforce its role in strengthening global supply chains and supporting Dubai’s position as a leading hub for trade and logistics.
