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  • Boeing looks to sell at least 150 737 Max jets to Riyadh Air

    Boeing Co (BA.N) is working on a deal to sell at least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air, Bloomberg News reported on Sunday. The new carrier, wholly owned by Saudi Arabia's Public Investment Fund (PIF), is looking for about 300 to 400 single-aisle jets in total, the report said, citing people familiar with the matter. Airbus SE (AIR.PA) could also claim a part of the order, the report added. Boeing declined to comment, while Riyadh Air and PIF did not immediately respond to Reuters requests for comment. Boeing previously won another order by state-owned airline Saudia and Riyadh Air for a combined 78 Boeing 787 Dreamliners, the fifth-largest commercial order by value in the plane maker's history.

  • Boeing Works to Win Another Saudi Deal, This Time for 737 Max

    The new carrier, owned by Saudi Arabia’s sovereign wealth fund, is shopping for about 300 to 400 single-aisle jets in total, including options, said the people, who asked not to be identified since the discussions are private. Talks are complicated, with timing and structure still in flux, and Airbus SE could also claim a portion of the order, some of the people cautioned. Boeing is pressing its advantage since Airbus has few available delivery slots for its A321neo jets before 2029, said the people. Negotiations continue, with a possible announcement at the Paris Air Show in mid June, though no decision has been made, they said.

  • Saudi’s Boeing deal to create 100,000 jobs in US, says Princess Reema

    In March, Saudi Arabia signed a 37 billion dollars deal with US company Boeing to purchase up to 121 aircraft to help launch the new airline in the Kingdom ‘Riyadh Air’. The deal will see the delivery of GE-powered Boeing 787 Dreamliners to Saudi Arabia, with 72 of the aircraft destined for Riyadh Air.

  • Saudi’s Boeing deal to create 100,000 jobs in US, says Princess Reema

    In March, Saudi Arabia signed a 37 billion dollars deal with US company Boeing to purchase up to 121 aircraft to help launch the new airline in the Kingdom ‘Riyadh Air’. The deal will see the delivery of GE-powered Boeing 787 Dreamliners to Saudi Arabia, with 72 of the aircraft destined for Riyadh Air.

  • How Boeing’s deal with Riyadh Airways boosts U.S.-Saudi commercial ties

    A discussion on how Saudi Arabia's announcement that it will purchase up to 121 Boeing 787 Dreamliner aircraft, equipped with General Electric’s most advanced GEnex engines, is a big boost for the U.S.-Saudi commercial relationship. The purchase order will anchor the newly-formed Riyadh Air and expand the Saudia Airlines fleet as the Kingdom moves forward with a real push to be a global tourism player and travel hub.

  • With Saudi Arabia’s Big Order For Boeing 787s, The Widebody Makes A Tentative Comeback

    International travel has soared in recent months, following earlier recoveries in many domestic markets. It’s up 104% in January versus a year ago, with the number of kilometers traveled internationally by paying passengers reaching 77% of January 2019 levels, according to the International Air Travel Association. That resurgence has led some airlines to reactivate big, fuel-hog four-engine planes, including A380s and 747s, that they’d retired during the coronavirus lockdowns.

  • Statement from White House Press Secretary Karine Jean-Pierre on Saudi Arabia’s Historic Purchase of Boeing Aircraft

    Today, Boeing completed two deals with Saudi Arabia to manufacture up to 121 Boeing 787 Dreamliner aircraft equipped with General Electric’s most advanced GEnex engines.  These landmark deals with Saudi Arabia – one to anchor a new airline and another to expand an existing fleet – are valued at nearly $37 billion.

  • Saudi Arabia Announces New Partnership with Boeing -The Embassy of The Kingdom of Saudi Arabia

    “The enduring strategic partnership between both countries is enhanced by a common vision to expand cooperation into different fields, like transportation, which opens up many opportunities for both countries” said Saudi Arabia’s Ambassador to the United States HRH Princess Reema bint Bandar Al-Saud. “Today’s announcement is that common vision in action.” “Not long after the founding of the modern Saudi state, it was American companies that helped build our young economy,” stated the Ambassador. “And American companies will continue to be an important part of our bold future,” she continued.

  • Boeing Deal for Jets From Saudi Arabia Is Bigger Than First Imagined

    If all the orders and options are eventually delivered, major Middle Eastern airlines will be operating about 240 787 jets, compared with 70 Airbus AIR –3.32% (AIR.France) A350 jets. That’s a market share of roughly 75% for the 787 and a little higher than its historic market share of about 67%.

  • Boeing Deal for Jets From Saudi Arabia Is Bigger Than First Imagined

    If all the orders and options are eventually delivered, major Middle Eastern airlines will be operating about 240 787 jets, compared with 70 Airbus AIR –3.32% (AIR.France) A350 jets. That’s a market share of roughly 75% for the 787 and a little higher than its historic market share of about 67%.