{"id":132723,"date":"2022-10-24T18:30:00","date_gmt":"2022-10-24T18:30:00","guid":{"rendered":"https:\/?p=132723"},"modified":"2022-10-24T21:45:39","modified_gmt":"2022-10-24T21:45:39","slug":"airbus-eyes-saudi-deal-for-almost-40-a350-jets","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2022\/10\/airbus-eyes-saudi-deal-for-almost-40-a350-jets.html","title":{"rendered":"Airbus eyes Saudi deal for almost 40 A350 jets"},"content":{"rendered":"\n

Saudi Arabia <\/strong>is in advanced negotiations to order nearly 40 A350<\/strong> aircraft from European manufacturer Airbus<\/strong> as part of its strategic efforts to launch a new airline and challenge the heavyweights in the Persian Gulf, according to industry sources.<\/p>\n\n\n\n

If confirmed, the purchase by the sovereign Public Investment Fund (PIF), worth $12 billion at list prices, could be announced as early as this week, when Riyadh hosts a major forum, the Future Investment Initiative (FII), the sources said.<\/p>\n\n\n\n

It was unclear whether Boeing would also take part of the significant stake for the new airline, to be called RIA, the sources said.<\/p>\n\n\n\n

\u2192 Airbus Tianjin delivers first A320neo using SAF.<\/a><\/em><\/strong><\/p>\n\n\n\n

A source familiar with the matter cautioned that “negotiations are not yet over.”<\/p>\n\n\n\n

PIF has been negotiating the purchase of some 75 aircraft and a source indicated that the kingdom was leaning towards the Boeing 787. Reports have said the airline may also need narrow-body aircraft, Reuters reported.<\/p>\n\n\n\n

The new airline will be based in the capital, Riyadh, while state-owned Saudia will be based in the Red Sea city of Jeddah, as part of a transport strategy that calls for the creation of two hubs to compete with airlines from the United Arab Emirates and Qatar.<\/p>\n\n\n\n

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