Saudi budget airline flyadeal is putting the finishing touches to a deal to order 10 Airbus A330neo jets in its first full-blown expansion into wide-body planes, as the kingdom pursues a surge of spending on aviation, industry sources said on Tuesday.
Airbus A330neo airliner plane © Mena Today
Saudi budget airline flyadeal is putting the finishing touches to a deal to order 10 Airbus A330neo jets in its first full-blown expansion into wide-body planes, as the kingdom pursues a surge of spending on aviation, industry sources said on Tuesday.
The low-cost subsidiary of state carrier Saudia is likely to unveil the order for the upgraded A330-900 variant in the coming weeks after comparing it with Boeing's smaller 787-9, and the first jets are expected to arrive in 2027, the sources said.
Reporting by Tim Hepher
Saudi Arabia’s Public Investment Fund (PIF), which manages assets worth about $925 billion, is set to unveil a new five-year strategy this week, marking the most significant overhaul yet of Crown Prince Mohammed bin Salman’s economic transformation agenda.
Turkey’s current account deficit is expected to widen to $5.2 billion in December, while reaching $24 billion for the whole of 2025, according to a Reuters poll published on Tuesday.
Israeli forces killed four people in southern Lebanon on Monday, Lebanon's National News Agency reported, citing the health ministry, in two separate strikes that the Israeli military said targeted members of the Shi'ite Muslim armed group Hezbollah.
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