AIRLINK 196.00 Increased By ▲ 4.16 (2.17%)
BOP 10.15 Increased By ▲ 0.28 (2.84%)
CNERGY 7.86 Increased By ▲ 0.19 (2.48%)
FCCL 38.25 Increased By ▲ 0.39 (1.03%)
FFL 15.93 Increased By ▲ 0.17 (1.08%)
FLYNG 25.47 Increased By ▲ 0.16 (0.63%)
HUBC 130.80 Increased By ▲ 0.63 (0.48%)
HUMNL 13.75 Increased By ▲ 0.16 (1.18%)
KEL 4.66 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.35 Increased By ▲ 0.14 (2.25%)
MLCF 44.99 Increased By ▲ 0.70 (1.58%)
OGDC 209.69 Increased By ▲ 2.82 (1.36%)
PACE 6.65 Increased By ▲ 0.09 (1.37%)
PAEL 41.05 Increased By ▲ 0.50 (1.23%)
PIAHCLA 17.64 Increased By ▲ 0.05 (0.28%)
PIBTL 8.12 Increased By ▲ 0.05 (0.62%)
POWER 9.38 Increased By ▲ 0.14 (1.52%)
PPL 181.25 Increased By ▲ 2.69 (1.51%)
PRL 40.05 Increased By ▲ 0.97 (2.48%)
PTC 24.35 Increased By ▲ 0.21 (0.87%)
SEARL 110.90 Increased By ▲ 3.05 (2.83%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 38.24 Decreased By ▼ -0.87 (-2.22%)
SYM 19.25 Increased By ▲ 0.13 (0.68%)
TELE 8.72 Increased By ▲ 0.12 (1.4%)
TPLP 12.23 Decreased By ▼ -0.14 (-1.13%)
TRG 66.09 Increased By ▲ 0.08 (0.12%)
WAVESAPP 12.31 Decreased By ▼ -0.47 (-3.68%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.99 Increased By ▲ 0.04 (1.01%)
BR100 12,087 Increased By 156.6 (1.31%)
BR30 36,000 Increased By 340.4 (0.95%)
KSE100 114,880 Increased By 1673.5 (1.48%)
KSE30 36,113 Increased By 548.1 (1.54%)

US planemaker Boeing on Friday said it had agreed deals worth an overall $9.3 billion to sell 50 jets to Nigeria's Green Air and 30 to Saudi carrier flyadeal. The company lauded the Nigeria accord, which includes a further 50 options, as the largest signed to date in Africa.
As with the Saudi deal, the Nigerians are purchasing single-aisle 737 MAX planes. "While flyadeal has been operating new Airbus A320s, the airline says it has selected the 737 MAX for the future," Boeing said in a statement. The firm noted its first deliveries to Saudi Arabia were in 1945, as those DC-3 aircraft "gave birth to commercial air travel in the kingdom".
Flyeadeal is a subsidiary of Saudi Arabian Airlines and flies to a range of domestic destinations across the kingdom. Boeing quoted the director general of Saudi Arabian Airlines, Saleh bin Nasser Al-Jasser, as saying: "The demand for air transport services in the domestic market of the Kingdom of Saudi Arabia has grown exponentially," adding flyadeal had ambitions eventually to "cover new markets outside of Saudi Arabia".
The flyadeal is for the 189-seater 737 MAX 8, whose operating costs Boeing said were eight percent lower than the carrier's current fleet of Airbus A320s. If all the purchase options are exercised, the two deals unveiled Friday will be worth around $17.6 billion at list prices.
Green Airways owner Babawande Afolabi said the Nigerian end of the deal was a strong sign of growing African entrepreneurial dynamism and resilience. Boeing saw that deal as a step towards construction of a "solid" Pan-African network, adding the Africa aviation sector has "exceptional" potential.

Copyright Agence France-Presse, 2018

Comments

Comments are closed.