In the last few moments, the Saudia Group, which owns Saudia & flyadeal, has placed an order for 12 Airbus A320neos & 93 A321neos.
This is a major order secured by the European planemaker in a growing region for aviation.
Without further ado, let’s get into it…
The Order from Saudia Group…
This order from the Saudia Group for 12 Airbus A320neos & 93 A321neos boosts the backlog further.
It increases the Group’s backlog to 144 A320neo Family aircraft.
The deal was announced at the Future Aviation Forum in Riyadh.
This order will also enable the Saudia Group to meet the goals of the Vision 2030 plan in Saudi Arabia.
The country is targeting more than 150m tourists by 2030, with the infrastructure needed to facilitate that.
Director General: “Ambitious Operational Objectives”…
H.E. Engr. Ibrahim Al-Omar, Director General of Saudia Group said the following on the order:
“Saudia has ambitious operational objectives to meet growing demand”.
“We are increasing flights and seat capacity across our existing 100+ destinations on four continents, with plans for further expansion.”
“The progress of Saudi Vision 2030 is attracting more visits, tourists, entrepreneurs, and pilgrims each year.”
“This motivated our decision to secure this significant deal, which will create jobs, increase local content, and contribute to the national economy.”
Adding to this was Benoît de Saint-Exupéry, Executive Vice President Sales of the Commercial Aircraft Business:
“The new additions of the A320neo family aircraft will play a vital role in contributing to Saudi Arabia’ ambitious Vision 2030 plan”.
“It will enable Saudia Group’s strategy to advance the Kingdom’s aviation capabilities while enabling both airlines to benefit from the A320neo Family’s exceptional efficiency, superior economics, highest level of passenger comfort as well as lower fuel-burn and emissions.”
Overall…
In conclusion, this represents yet another strong order secured by Airbus through narrowbody aircraft.
Saudi Arabia is a hot market at the moment to generate such aircraft sales.
This has been achieved through additional sales of the A320neo and A321neo.
All eyes will be on delivery timescales for the aircraft orders, which will help bolster the strategy of the kingdom into the years ahead.
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