This is very good news for Airbus: the airline Saudia, majority owned by Saudi Arabia, has announced a firm order for 105 aircraft. It is a historic agreement, according to Saudia, the most important in the history of the wealthy Gulf monarchy.
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This is an important moment not only for the Saudi aviation industry, but also for the entire Middle East North Africa region, Saudia Group said in a statement.
Currently, the Saudi airline has a fleet of 144 aircraft, so this order for 105 Airbus will provide it with significant flight capacity. Saudi Arabia has made aviation one of the pillars of its ambitious Vision 2030 reform program, aimed at transforming the kingdom into a commercial and tourist hub and reducing its dependence on oil revenues.
A new airport in the capital Riyadh, capable of accommodating 120 million passengers, will soon be built while the new company Riyadh Air, whose effective launch is scheduled for next year, has already ordered 72 aircraft.
The aim is to triple annual traffic to 330 million passengers by the end of the decade and to catch up with Saudi Arabia in the airline sector compared to two of its neighbors, the United Arab Emirates. and Qatar.
To listenThe “new Saudi Arabia” that Mohammed bin Salman dreams of