PARIS — Saudi startup airline Riyadh Air has ordered 60 Airbus aircraft, the European aerospace manufacturer said Wednesday.
Saudi startup Riyadh Air orders 60 Airbus A321neo planes
Saudi startup airline Riyadh Air has ordered 60 Airbus aircraft, the European aerospace manufacturer said Wednesday.
By The Associated Press
October 30, 2024 at 3:41PM
Riyadh Air plans to begin passenger flights next summer and has placed an order for 60 A321neo planes, the largest among Airbus' best-selling A320neo family, the company said in a statement.
The creation of Riyadh Air by the Saudi sovereign wealth fund is part of a broader Saudi strategy to diversify its oil-based economy and boost tourism. Saudi Arabia hopes to become a global aviation hub and attract 100 million annual visitors by 2030.
''This deal strongly reinforces the positive economic impact of Saudi Arabia's newest airline on both a global and local scale to facilitate the fast-growing Saudi aviation ecosystem,'' Tony Douglas, the CEO of Riyadh Air, was quoted saying in the Airbus statement.
Earlier this year, Riyadh Air and Delta Air Lines announced they had entered into a partnership with the goal of operating flights between the United States and Saudi Arabia.
The airline, along with Saudi Arabia's flag carrier, Saudia, announced in March last year a shared order for 78 jetliners from Boeing and options to buy 43 more.
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The Associated PressUnionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.