Boeing Beats Out Airbus for $27 Billion Order From FlyDubai

(Bloomberg) -- Boeing Co. secured an order valued at $27 billion for 737 Max jets from discount carrier FlyDubai, hitting back at rival Airbus SE’s record $50 billion deal.

Amid a surprise order flourish at the Dubai Air Show, the state-owned budget airline signed an agreement for 175 firm orders, plus an additional 50 options, FlyDubai said Wednesday in a statement. The deal is a blow to Airbus, which was expected to split the order with Boeing.

FlyDubai, which closely cooperates with long-haul giant Emirates, currently has an all Boeing fleet. With the latest announcement, the carrier has 320 planes on order.

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