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Saudi's Flyadeal opts for Airbus jets over grounded Boeing 737 Max

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Saudi's Flyadeal opts for Airbus jets over grounded Boeing 737 Max

Boeing has lost another order for its grounded 737 Max aircraft after Saudi Arabian budget airline flyadeal announced it will opt for a fleet of Airbus A320 jets.

The airplane manufacturer will not proceed with a provisional $5.9 billion (£4.7 billion) order.

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, impacting Boeing's market value.

Flyadeal announced it would take delivery of 30 A320neos ordered by its parent, state-owned Saudi Arabian Airlines.