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Boeing 737 Max Loses First Customer as Flyadeal Picks Airbus

  • Saudi discounter taking Airbus for up to 50 A320-family planes
  • Reversal of December Max order follows jet’s global grounding
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Boeing’s 737 Max Loses First Customer
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Saudi Arabian budget carrier Flyadeal reversed a commitment to buy as many as 50 Boeing Co. 737 Max jets, becoming the first airline to officially drop the plane since its grounding following two deadly crashes.

Flyadeal will operate an entirely Airbus SE fleet, the company said Sunday in a statement, buying as many as 50 A320neo-family planes from Boeing’s European rival.