Boeing Secures Multiple Orders at Dubai Airshow, Including a Potential Deal with China

The Dubai Airshow 2023 has proven to be a significant event for Boeing (BA), with the aerospace giant securing a series of substantial orders and agreements. Among the highlights are Boeing’s renewed partnership with SunExpress, the diversification of flydubai’s fleet, Air Lease’s lease contracts with Egyptair, and orders from Royal Jordanian and Royal Air Maroc. Additionally, there are promising prospects of China resuming purchases of Boeing’s 737 Max aircraft. In this article, we will delve into these developments and their implications for Boeing’s future.

SunExpress Commits to the 737 MAX

Boeing and SunExpress have announced a significant agreement at the Dubai Airshow, marking the airline’s decision to once again select the 737 MAX. Under this commitment, SunExpress, a joint venture between Turkish Airlines and Lufthansa, is set to purchase up to 90 fuel-efficient single-aisle Boeing jets. This substantial order includes 28 737-8 and 17 737-10 models, with the potential for an additional 45 737 MAX airplanes in the future. SunExpress’s decision represents a significant step toward doubling its fleet over the coming decade.

Flydubai’s Fleet Diversification

Boeing and flydubai have inked an agreement for the purchase of 30 787-9 Dreamliners. This move signifies flydubai’s strategic move to diversify its fleet by introducing widebody jets. The airline, based in Dubai, plans to utilize the efficient 787 Dreamliner to open new routes and enhance capacity on existing ones, further strengthening its position in the competitive aviation market.

Air Lease’s Lease Contracts with Egyptair

Air Lease Corporation (ALC) has announced long-term lease contracts for 18 new Boeing 737-8 aircraft with Egyptair. These Boeing aircraft are scheduled for delivery to the airline between 2025 and 2026, marking the first deal between ALC and Egyptair. This addition of 737-8 planes is a significant expansion for Egyptair’s fleet.

Royal Jordanian and Royal Air Maroc Orders

Boeing has received orders from Royal Jordanian and Royal Air Maroc for a total of six 787-9 Dreamliner jets. Jordan’s flag carrier has confirmed an order for four 787-9s and reconfirmed a previous order for two more. These acquisitions reflect both airlines’ efforts to modernize and expand their widebody fleets, emphasizing the value of Boeing’s Dreamliner family.

Potential Boeing Deal with China

In a potentially game-changing development, China is contemplating resuming purchases of Boeing’s 737 Max aircraft. The potential agreement may be unveiled during the APEC Summit in San Francisco, with the commitment being a key agenda item for President Joe Biden and President Xi Jinping during their upcoming meeting. While the terms of this deal are still under discussion and subject to change, this potential development signifies a significant step towards restoring relations between Boeing and the Chinese market.

Bottom-line: The Dubai Airshow 2023 has been a pivotal event for Boeing, with multiple orders and agreements that underscore the company’s global presence and influence in the aerospace industry. The commitments from airlines like SunExpress, flydubai, Egyptair, Royal Jordanian, and Royal Air Maroc reflect the trust placed in Boeing’s advanced aircraft offerings.

Furthermore, the potential resumption of purchases of Boeing’s 737 Max aircraft by China holds immense significance for the company and the aviation industry as a whole. As these developments continue to unfold, Boeing’s strategic vision and commitment to innovation remain key drivers of its success in the dynamic world of aviation.