Saudi Arabian budget airline flyadeal will not proceed with a provisional $5.9 billion order for Boeing 737 MAX aircraft, instead opting for a fleet of Airbus A320 jets.
Flyadeal has been reconsidering a commitment to order the Boeing jets after two MAX aircraft crashed in Ethiopia in March and Indonesia last October.
The two disasters killed a total of 346 people, triggered the global grounding of the aircraft and wiped billions off Boeing’s market value.
Flyadeal announced on Sunday it would take delivery of 30 A320neos ordered by its parent, state-owned Saudi Arabian Airlines, at the Paris Air Show in June.
