UPDATE 1-Saudi's Flynas to decide on Boeing vs Airbus order by early June

Wed Apr 27, 2016 6:29am EDT
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* Choice between Boeing 737MAX or Airbus 320NEO - CEO

* Decision expected by early-June

* Bombardier CS300 ruled out as not tested in Mideast climate (Adds detail, context, oversupply comments)

By Matt Smith

DUBAI, April 27 (Reuters) - Saudi Arabia's Flynas will decide whether to order Boeing 737MAX or Airbus 320NEO planes before the start of the holy month of Ramadan in early June, the airline's chief executive said on Wednesday.

The low-cost carrier is considering an initial order of 60 planes, with the possibility of a further 40, as it seeks to replace its existing fleet and expand.

Flynas currently leases Airbus A320s so choosing Boeing would create complications such as retraining staff to work on the U.S. firm's aircraft, Paul Byrne told reporters on the sidelines of an industry event in Dubai.

"To switch ourselves, they (Boeing) have to do a phenomenal deal for us. That deal will have to cover that pain of transition, as it will be painful," said Byrne.

"We are open to that argument, we see them as a player and what we want is something that will see the long-term future of Flynas. That door is wide open to both."   Continued...