Boeing Company (BA) is on a roll in the Middle East. The aerospace giant signed a memorandum of understanding Wednesday with UAE-based low-cost carrier flydubai for what could become a substantial order: 75 firm 737 MAX jets with 75 additional options on the table.

This marks flydubai's fourth 737 MAX fleet commitment, and it's designed to support the airline's ongoing fleet modernization and network expansion plans. The beauty of this deal lies in its flexibility—flydubai can mix and match across the 737 MAX family, choosing from the 737-8, 737-9, and 737-10 models depending on what each route demands. That's the kind of operational versatility airlines crave.

Boeing's Gulf Region Hot Streak

The flydubai announcement comes during what can only be described as a banner week for Boeing in the Gulf. Earlier, Emirates placed its third order for the 777X aircraft, adding 65 more 777-9 passenger jets to its roster. That brings Emirates' total 777X commitment—including both 777-9 and 777-8 variants—to an eye-popping 270 aircraft, cementing its position as the program's largest customer.

Boeing also locked down a deal with Gulf Air for 15 Boeing 787 Dreamliners, with options for three more. That order built on Gulf Air's July commitment, pushing the carrier's total 787 order book to 17 jets.

The momentum makes sense when you consider Boeing's outlook for the region: the company expects Middle Eastern airline fleets to more than double by 2044. That's not incremental growth—that's a fundamental transformation of regional aviation capacity.

Worth noting: flydubai isn't limiting itself to narrowbody jets. Back in 2023, the airline made its first widebody move by ordering 30 Boeing 787 Dreamliners, signaling ambitions beyond its traditional low-cost carrier model.

BA Price Action: Boeing shares gained 0.25% to $190.09 in premarket trading Tuesday.