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Saudia Considers Massive 150-Jet Order from Boeing, Airbus

Investing.com •
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Saudi Arabian flag carrier Saudia is reportedly in early discussions for a potential 150-jet order, marking a significant fleet expansion. Talks are underway with both Boeing and Airbus, but no specific aircraft types or quantities have been decided. This potential deal comes as the Kingdom aims to transform into a global travel hub, investing billions in its aviation sector.

This potential order is part of Saudia's strategy to replace older aircraft and grow its overall fleet. The airline previously ordered 105 Airbus narrowbody jets in 2024 and 36 Boeing 787 Dreamliners in 2023. This fleet renewal and expansion is crucial for supporting the Kingdom's Vision 2030 plan, which aims to diversify the economy.

The order, if finalized, would be a major win for either Boeing or Airbus, solidifying their presence in the growing Middle Eastern aviation market. The outcome of these discussions will significantly impact the competitive dynamics of the global aircraft manufacturing industry. What's next? Watch for announcements on specific aircraft types.

With Riyadh Air, a new premium carrier, set to launch, Saudia is focusing on religious pilgrimage travel. This strategic shift necessitates a modern, expanded fleet to cater to both leisure and religious travelers. The deal would reshape the competitive landscape for international flights to and from Saudi Arabia.