Air Arabia eyes 100 plane order by year end, CEO says - The National

Air Arabia eyes 100 plane order by year end, CEO says - The National:

"Air Arabia’s expansion could see the biggest discount carrier in the Arabian Gulf and North Africa order 100 narrow-body planes worth $11 billion at list prices before the end of the year. The Sharjah, United Arab Emirates-based airline hasn’t yet reached a decision but the figure is “probably the right number,” chief executive Adel Ali said in an interview on Monday near New Delhi. Air Arabia currently operates a fleet of 50 Airbus SE A320 jets and is looking at the upgraded Neo version, while also seriously considering Boeing Co.’s rival 737 Max, Ali said. Bombardier Inc.’s C Series plane is also in the running as the carrier moves to renew its fleet after full-year profit jumped 29 percent in 2017 to a record 631 million dirhams ($171m)."



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