flydubai announced (17-Nov-2013) a commitment for an order of up to 100 Boeing 737 MAX 8s and up to 11 737-800s, valued at USD11.4 billion at list prices. The order is the largest commitment for Boeing single-aisle aircraft in the Middle East. The 737-800s will be delivered between 2016 and 2017 and 737 MAX deliveries will take place between 2H2017 and the end of 2023. flydubai chairman Sheikh Ahmed bin Saeed Al Maktoum said, "Today’s commitment for an order for up to 111 aircraft from Boeing signifies the strength of flydubai’s business model and the still untapped opportunity to connect previously underserved markets to Dubai. flydubai will continue to contribute to the growth of trade and tourism in the UAE, an internationally established centre for aviation." [more - original PR - flydubai] [more - original PR - Boeing]
flydubai orders up to 111 737s, including 100 737 MAX 8s
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flydubai outlook improves, with reduced losses and faster rebound despite global uncertainty
As airlines worry about having passed their peaks and entering a downturn, flydubai, the LCC owned by the Dubai government, is on an upwards trajectory. This is very welcome after flydubai's sudden and sharp 1H2015 loss occurred as most other airlines were in party mode, buoyed by low fuel prices. flydubai significantly narrowed its 1H2016 loss despite double-digit growth. With the industry worrying about its health, flydubai appears to have caught the cold early and rebounded from it. An improvement in load factor, uplift in business traffic (19%) and reduction in expenses may show greater efficiency that can be maintained – the silver lining to the financial upset.
flydubai's 1H2016 loss narrowed to USD24.5 million from 1H2015's USD40 million, despite a 14.9% increase in flights. Losses per passenger decreased about nine percentage points faster. Unlike its bigger sister Emirates, also owned by the Dubai government but run separately, flydubai is primarily a point-to-point operator - so it depends on the health of Dubai.
Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.