Dubai - On December 21, flydubai and Boeing finalized the order agreement of 175 Boeing 737 MAX family, with options for 50 additional aircraft.

This is the third order of the Gulf-based carrier from the American aircraft manufacturer in eight years. The low-cost partner of Emirates confirms the purchase commitment it had made in November 2017 at the Dubai Air Show. The agreement is valued by Boeing at $ 27 billion at list price and represents, according to the manufacturer, the largest order ever signed by a Middle Eastern airline for a single-aisle type of aircraft.

This agreement surpasses the previous record order of flydubai for 75, 737 MAX and 11, 737-800, which was concluded at the Dubai Air Show in 2013. Five years earlier, in 2008, the company had received the first of 50, 737-800 for its launch. As of the end of November, flydubai operates an "all Boeing" fleet and took delivery of 60, 737-800 and 5, 737 MAX 8 so far.

Ghaith Al Ghaith, the chief executive officer of flydubai, says the company now has up to 296 planes on order.

flydubai is one of the top ten airlines in terms of backlog and we are excited to continue to improve the connectivity of the Dubai hub,
he added.

The 737 MAXs were ordered in the MAX 8, MAX 9 and MAX 10 variants, apparently with some flexibility in model distribution. When signing the MoU last month, Boeing said that at least 50 aircraft would be MAX 10s.

With this latest agreement, the 737 MAX has recorded 640 net orders since the beginning of the year and more than 4,200 orders since the launch of the program.