Exclusive: Flydubai seeks Max financing | News | Airfinance Journal

Exclusive: Flydubai seeks Max financing

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Gulf budget carrier Flydubai is in the market to finance some Boeing 737 Max deliveries occurring over the next few years, according to sources.

The Dubai-based carrier has approached the leasing market with a request for proposals (RFP) for a number of sales and leasebacks.

Flydubai is seeking nine-year lease terms with an extension option of an additional three years, according to a leasing source.

A minimum of three deliveries are considered in this RFP.

Flydubai confirms to Airfinance Journal it has commenced initial discussions with lessors in relation to potential financing opportunities for its future deliveries.

In 2017 Flydubai announced a commitment for 225 Boeing 737 Max aircraft, including 175 firm orders and 50 purchase options. At the time the carrier opted for 50 Max 10s, with the balance made up of Max 8 and 9s.

Its current orderbook is 237 units and Flydubai has a fleet of 14 aircraft, including 11 Max 8s and three Max 9s, according to Airfinance Journal’s Fleet Tracker.

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