flydubai spreads its wings with sixteenth aircraft

Dubai, UAE, March 23, 2011 - On the third anniversary of the announcement of the formation of Dubai's first low cost airline, flydubai welcomed its 16th aircraft, marking another milestone in the low-cost carrier's growth. The new addition arrived on schedule and will support the airline's......

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FLY Leasing finances two 737NGs

AIRFINANCE JOURNAL ARTICLE – PAID SUBSCRIPTION REQUIRED FOR FULL ACCESS
FLY Leasing, formerly BBAir, has closed a senior debt financing for two 737-800s. The aircraft......

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Flydubai takes delivery of 13 Boeing 737-800s

Flydubai has taken delivery of 13 aircrafts so far from a total number of 50 Boeing 730-800s it had ordered. Boeing and Flydubai had jointly announced the order for 50 Next-Generation 737-800s at the Farnborough Airshow earlier in July 2008.

FlyDubai will receive the remaining number of aircrafts by the end of......

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Flydubai adds four new aircraft

Dubai: Dubai's first low-cost airline, flydubai, proved that 13 was a lucky number as it expanded its fleet to 13 aircraft.

The delivery of a quartet of new Boeing 737-800 NGs will take place in a number of weeks.

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flydubai agrees financing for four 737-800 worth US$320m with Avolon (.pdf)

flydubai, Dubai's first low cost airline, today announces sale and leaseback agreements on four 737-800 aircraft worth US$320m at list prices with aircraft leasing group Avolon.
In addition to recently announced deals with......

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Flydubai secures $750m of aircraft financing

Flydubai, Dubai's first low cost airline, has announced aircraft financing worth more than $750m in deals with GECAS (General Electric Capital Aviation Services) and BBAM.

The financing will take care of the next nine aircraft Flydubai is due to receive and secures all the airline's financing requirements until June 2011.

"These deals are very significant for Flydubai because this committed money secures the next nine aircraft we are due to receive and mean all our financing requirements until June next year are taken care of,” said Ghaith Al Ghaith, CEO of Flydubai, in a statement.

Both deals are eight year term sale and leaseback agreements. The agreement with GECAS is for......

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Flydubai adds 9th aircraft to fleet

Dubai's low cost carrier flydubai received its ninth Boeing 737-800NG at Dubai International Airport Terminal 2 last night (June 15). The brand new aircraft will go straight into service on the latest flydubai route, the Dubai-Istanbul service. The carrier has a target of......

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Flydubai takes delivery of new Boeing 737

Dubai's low-cost carrier, Flydubai has taken delivery of its seventh Boeing 737 aircraft in less than ten months. The new plane is Boeing's first 737 NG equipped with Goodrich Corp's Duracarb carbon brakes, which provide a weight savings of approximately......