Saudi Arabian Airlines Corporation who own the state flag carrier Saudia, and the low cost carrier Flyadeal, announced the cancellation of a US$5.9 billion deal for the Boeing 737Max totalling 30 aircraft (plus options for 20 more) has been cancelled.
So far this is one of the largest cancellations of the type, with a handful of smaller airlines having cut relatively insignificant numbers.
Instead, Flyadeal will acquire 100 Airbus A320 family aircraft with deliveries commencing in 2021, and will operate only Airbus aircraft.
The news comes as Boeing has been unable to offer airlines a firm date for the 737Max return to service, with new problems arising at the end of last week. Most of the major airlines are reluctant to extend their delay timetables, but the fact is it’s unlikely to fully re-enter service before early 2020. The European agency, EASA issued a list of expectations that are noticeably different to the FAA’s, and will simply add time to the reintroduction in Europe.