Saudia in talks with Boeing, Airbus over $10 bln deals for wide-body planes: report
Saudi Arabian Airlines Corporation (Saudia) is negotiating with Boeing and Airbus a $10 billion (SAR 37.5 billion) deal for wide-body planes, the airline’s Director General, Saleh Bin Nasser Al Jasser, told Al Arabiya.
The deal is expected to be complete before year-end, and will be financed via loans.
The Kingdom’s national carrier today reached an agreement to expand its existing purchase of A320 aircraft from 35 to 100 aircraft. Al Jasser said the agreement, inked on the sidelines of Paris Air Show, includes purchasing 65 A320neo aircrafts with the right to top up 35 A321/A320-neo aircrafts.