Suadi Arabian low cost carrier Flyadeal is backing out of a provisional $5.9 billion order for 50 Boeing 737 MAX aircraft.
The low cost subsidiary began of flag-carrier Sudia began operations in 2017 and currently operates an all Airbus fleet of A320s.
In December 2018, the airline placed a provisional order for 30 firm orders and 20 options of the 737 MAX. However it is now being reported that the airline has decided not to proceed with this order. Given that the deal had not yet finalized there should not be a major financial impact on the carrier.
A Boeing spokesperson said, “We understand that flyadeal will not finalize its commitment to the 737 MAX at this time given the airline’s schedule requirements,”
The airline will instead replace the 737 MAX with upto 50 Airbus A320neos which will come out of the order placed by its parent carrier Saudia at the recent Paris Air Show. The aircraft will begin to join the airline’s fleet from 2021.