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A Saudi budget airline is ordering 30 Airbus planes in a deal that replaces a $6 billion agreement it had with Boeing for its troubled 737 Max jets, which have been grounded after two deadly crashes.
It's the latest blow to Boeing as it struggles to win back the public's trust after 346 people died in crashes involving the Max jet: a Lion Air flight that went down off the coast of Indonesia and an Ethiopian Airlines crash.
Max - Jets - World - Remain - Mid-March
Nearly 400 Max jets around the world remain grounded since mid-March with airlines unable to use the planes until regulators clear them to fly again.
Flyadeal, a subsidiary of Saudi Arabian Airlines Corp., said Monday that its order means its fleet will consist of only Airbus A320s. It said the deal with the European plane maker includes options for a further 20 A320 Neo planes.
Statement - Boeing - Details - Cost - Agreement
The statement did not name Boeing and did not disclose details of the cost, only saying it follows from an agreement signed during the Paris Air Show last month between Airbus and flyadeal's parent company.
Boeing, meanwhile, faces dozens of lawsuits over the crashes of its 737 Max. Preliminary investigations point to the role played by new software that pushed the planes' noses down.
Company - Statement - Associated - Press - Monday
The Chicago-based company said in a statement to The Associated Press on Monday that...
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