Taking orders

Low-cost carrier FlyDubai has placed an order worth $3.74bn with Boeing for 50 Next-Generation 737-800s.

Boeing

and Dubai's recently launched low-cost carrier FlyDubai has announced an order worth $3.74bn for 50 Next-Generation 737-800s.

FlyDubai has substitution rights to convert its 737-800 orders to 737-900ERs (extended range) in the future.

The Dubai government initially formed FlyDubai in March. Since then, the airline has been building a business model based on flexible flight operations.

Jim McNerney, Boeing chairman, president and chief executive officer, said: ‘This order is the result of a thorough analysis of the contributions the Next-Generation 737 can make to FlyDubai's innovative business model.'

He added: ‘We foresee the unmatched efficiency and operability of this incredible airplane bringing the same success to our partners in Dubai as it does to so many of the world's most successful low-cost carriers.’

According to Boeing, 116 customers have ordered more than 4,800 Next-Generation 737s. The company has more than 2,200 unfilled orders for the Next-Generation 737 valued at more than $160bn at current list prices.