Business | Aviation
FlyDubai buys engines worth $700m at air show
FlyDubai, the new low-cost airline announced by Dubai Government earlier this year, rounded off its first trip to the Farnborough Air Show with orders totalling $750 million for engines and winglets.
- Staff Report
- Published: 00:04 July 21, 2008
- The airline spent $750 million on engines and winglets at the air show
- Image Credit: Gulf News archive
Dubai: FlyDubai, the new low-cost airline announced by Dubai Government earlier this year, rounded off its first trip to the Farnborough Air Show with orders totalling $750 million for engines and winglets.
In the first part of the deal, flydubai signed with CFM International, a joint venture between Snecma and GE, for 100 CFM56-7B engines to power the 50 Boeing 737-800/900s ordered on the first day of the air show.
The engines, valued at $700 million at list prices, are the Tech Insertion configuration, which provide operators with lower fuel consumption, lower emissions and lower maintenance costs. The engine's one per cent improvement in fuel consumption lowers CO2 emissions, ensuring a reduction of 200 tonnes per aircraft per year.
In a separate deal, flydubai also signed an agreement worth $50 million for blended winglets from Aviation Partners Boeing.
The blended winglets, which are for the 737-800s, add an extra 1.4 metres to the wingspan of the aircraft and offer a range of environmental benefits, including reduced fuel consumption and lower noise emissions.
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