ALAFCO orders 20 737 MAX 8s

Boeing says it has secured an order from Gulf airline flydubai for 225 medium-haul 737 MAX aircraft with a list price of $27 billion hailing it as the

The deal is valued at $2.2 billion at current list prices before discount.

Boeing said it was the biggest ever order from the Middle East for single-aisle passenger planes.

Boeing and Aviation Lease & Finance Company have finalised an order for 20 additional 737 MAX 8s at the 2017 Dubai Airshow, doubling the lessor's order book for the MAX airplane. The 737 MAX family a favorite of low cost carriers has a operating cost that is about 8 per cent less than its main competitor, Boeing said.

Alafco, which provides commercial aircraft leasing products globally, now has 40 Boeing 737 Max on order, it said on the second day of the Dubai Airshow.

Stock Performance to Track: Best Buy Co., Inc. (BBY)
LS Investment Advisors LLC raised its position in shares of CoreSite Realty Corporation by 4.6% during the 2nd quarter. Pioneer Investment Management Inc added to its holdings by buying 118,096 shares an increase of 12.1% in the quarter.

Boeing dominates the scorecard so far at the Nov 12-16 show, with $19 billion of orders and provisional commitments while Airbus has yet to disclose an order.

"We are extremely honored that flydubai has selected to be an all-Boeing operator for many years to come".

"Boeing Commercial Airplanes president and chief executive Kevin McAllister added". "With flydubai's proven business model and ambitious growth plans, we look forward to hundreds of flydubai 737 MAXs connecting Dubai with the rest of the world".

More than 50 of the first 175 aircraft to be delivered will be 737 Max 10s, says Boeing. To date, flydubai has taken delivery of 63 737-800s and three 737 MAX 8 airplanes.

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