Monday, 20 May 2024

Saudia Group agrees deal with Airbus for 105 aircraft | Reuters

Saudia Group agrees deal with Airbus for 105 aircraft | Reuters

Saudia Group, owner of the Saudia airline and budget carrier flyadeal, has signed a deal with Airbus (AIR.PA), opens new tab for 105 confirmed aircraft, a senior executive announced in Riyadh on Monday.

The first planes are due for delivery in the first quarter of 2026, Ibrahim Alomar, director general of Saudia Group told the Future Aviation Forum in the Saudi capital.

The deal is the largest in Saudi aviation history, he said, without specifying the value of the agreement, which is expected to be billions of dollars.

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