Tuesday, 02 January 2024 12:17 GMT

Airbus Says Saudi Companies Order 65 Aircraft


(MENAFN- The Peninsula) AFP

Le Bourget, France: European plane maker Airbus announced Monday orders for 65 aircraft from two Saudi companies, in the first major deals at this year's Paris Air Show.

Riyadh Air, an airline founded in 2023, placed a "firm" order for 25 wide-body, long-range A350-1000 aircraft.

The deal would be worth more than $9 billion under 2018 catalogue prices -- which Airbus has since phased out as final sale prices vary according to contract terms and version of aircraft.

Read Also
  • Suspected killer of Minnesota lawmaker caught after two-day manhunt
  • France blocks access to Israeli arms stands at Paris Air Show
  • Pakistan shuts border with Iran: provincial officials

The Riyadh Air deal could rise to 50 planes, Airbus said.

Saudi aircraft leasing company AviLease placed a separate order for 30 single-aisle A320neo jets and 10 A350F freighters in a deal worth several billion dollars.

While Airbus announced deals at the opening of the air show at Le Bourget, its US rival Boeing was focusing on the investigation of last week's crash of a Dreamliner operated by Air India.

"Our focus is on supporting our customers, rather than announcing orders at this air show," a Boeing spokeswoman told AFP at the trade fair outside Paris.

Boeing chief executive Kelly Ortberg said last week he was cancelling plans to attend the biennial event to focus on the probe.

MENAFN16062025000063011010ID1109680261



The Peninsula

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search