Saudia, the national airline of Saudi Arabia, announced a landmark agreement with Airbus, placing a firm order for 105 aircraft.
The order includes a diverse range of Airbus models © Mena Today
Saudia, the national airline of Saudi Arabia, announced a landmark agreement with Airbus, placing a firm order for 105 aircraft.
This "historic agreement" marks the largest aviation deal in the history of the wealthy Gulf monarchy.
In an official statement, Saudia described the deal as a pivotal moment for the Saudi aviation industry and the broader Middle East and North Africa (MENA) region.
The order includes a diverse range of Airbus models, tailored to meet the expanding needs of the airline as it seeks to enhance its fleet and service capabilities.
"This historic agreement covers 105 confirmed aircraft and represents a significant milestone not only for the Saudi aviation sector but also for the entire MENA region," the company said in its announcement.
The deal aligns with Saudi Arabia's Vision 2030 initiative, which aims to diversify the country's economy and reduce its dependence on oil. By modernizing its fleet and expanding its route network, Saudia is positioning itself to become a major player in global aviation, enhancing connectivity within the region and beyond.
The introduction of new Airbus aircraft is expected to improve operational efficiency, reduce environmental impact, and offer enhanced comfort for passengers. This move is also likely to stimulate job creation and economic growth within Saudi Arabia’s aviation sector.
Pakistan has deployed 8,000 troops, a squadron of fighter jets and an air defence system to Saudi Arabia under a mutual defence pact, ramping up military cooperation with Riyadh even as Islamabad serves as the main mediator in the Iran war.
A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials there said on Sunday, while Saudi Arabia reported intercepting three drones, as U.S. President Donald Trump warned that Iran must act "fast" after efforts to end the U.S.-Israeli war with Iran appeared to have stalled.
ADNOC's six listed subsidiaries posted a resilient first quarter, generating combined revenues of $11.8 billion, EBITDA of $3.7 billion and net profit of $2.2 billion, a strong set of numbers for a period marked by extraordinary disruption in the Strait of Hormuz.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.