First Airline Officially Cancels Boeing 737 MAX Order

Jul 7, 2019

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

As the saga surrounding the safety issues of the Boeing 737 MAX continue, the latest setback for the company is the first order cancellation by an airline for the grounded plane. According to a report from Bloomberg, Flyadeal has canceled its order for 50 of the Boeing planes.

Flyadeal’s parent company, Saudi Arabian Airlines, inked a deal with Boeing’s competitor Airbus at the Paris Air Show last month for 50 planes from the Airbus A320neo family. That order will be used to replace the Boeing order the airline has now canceled. Flyadeal will begin taking delivery of the 30 A320neo in 2021, with an option for a further 20 aircraft from the A320neo line in the future.

While the cancellation of an order that represents less than 1% of the total order backlog for the MAX isn’t a big deal at the moment for Boeing’s bottom line, it could be the first sign that airlines aren’t willing to wait around to see how long it takes for Boeing to get the issues with MAX corrected and get the plane back in the air.

For the latest travel news, deals and points and miles tips please subscribe to The Points Guy daily email newsletter.

This post has been updated to correct the spelling of Flyadeal.

Featured Photo by Stephen Brashear/Getty Images

Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.