What we’re reading: Icelandair buys 737 MAX jets, Sahara construction in Las Vegas, Bahrain Air liquidates

Icelandair 737-MAX8 & MAX9 Artwork

Icelandair finalizes order for 16 Boeing 737 MAX jets

Icelandair and Boeing announced that the airline will buy 16 737 MAX jets.

The order, originally announced as a commitment for 12 airplanes in December 2012, has been increased to 16 airplanes and includes 737 MAX 8s and 9s, as well as purchase rights for eight additional 737 MAXs. Today’s announcement brings the total number of 737 MAXs ordered to date to 1,180.

Construction begins at shuttered Sahara in Vegas

The owners of the now closed Sahara casino is breaking ground on a redevelopment project that “will revitalize the resort.”

The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra and Elvis Presley by fall of 2014. It will be renamed the SLS Las Vegas.

Bahrain Air files for liquidation

Bahrain Air has filed for voluntary liquidation, blaming the Bahraini authorities for its predicament.

The government ordered Bahrain Air to stop flying to several of its most profitable destinations in Iran, Iraq and Lebanon after support from governments or organizations in those nations for Shia demonstrations against the Bahraini government.

(Photo: Boeing)