São Paulo – Saudi Arabia’s Saudia Group will buy 105 Airbus planes, the company said on Monday (20), hailing it as the biggest aircraft deal in the country’s history.
Saudia airline will receive 54 A321neo aircraft, while budget offshoot flyadeal will acquire 12 A320neo and 39 A321neo planes, it said in a statement. The deal is valued at USD 19 billion, according to a separate statement from the Future Aviation Forum, the conference in the Saudi capital Riyadh where the deal was announced.
The purchase marks a further investment by Saudi airlines more than a year after new carrier Riyadh Air was unveiled. Saudi authorities have also announced plans for a large new airport in the capital Riyadh capable of accommodating 120 million passengers a year. There would also be a “massive expansion” of the airport in Jeddah, where Saudia is headquartered.
Airbus and Saudia
Saudia currently has a fleet of 144 aircraft while flyadeal has 32. Deliveries will start in 2026 and continue until 2032.
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Translated by Guilherme Miranda