Large Dreamliner deals with Boeing have been announced by both Saudi Arabian Airlines (SAUDIA) and the brand-new airline Riyadh Air.
Up to 49 787 Dreamliners may be purchased by SAUDIA, while up to 72 787-9 Dreamliners may be used by Riyadh Air to debut its new fleet.
The aircraft maker states that SAUDIA’s agreement will include both the 787-9 and 787-10 models, and that Riyadh Air, which is owned by Saudi Arabia’s Public Investment Fund (PIF), will buy 39 787-9s with the option to buy an additional 33 787-9s.
The arrangement with SAUDIA will see the airline buy 39 787s, with an additional option to buy 10 more in the future.
The two agreements are a part of Saudi Arabia’s larger strategic ambition to develop itself into a major aviation hub.
The fifth-largest commercial order in Boeing’s history by value, SAUDIA and Riyadh Air announced on March 14, 2023, their intention to buy up to 121 787 Dreamliners.
“SAUDIA continues its expansion efforts in all sectors of the airline; whether it’s launching new destinations or extending the aircraft fleet,” His Excellency Engr. Ibrahim Al-Omar, director general of SAUDIA Group remarked. “The agreement with Boeing delivers on this commitment, and the newly acquired aircraft will further assist SAUDIA to realize its strategic goal of bringing the world to the Kingdom,” the company said.
According to Tony Douglas, CEO of Riyadh Air, “Riyadh Air’s dedication to its clients will see the blending of digital innovation and real Saudi hospitality to create a seamless travel experience. “Our new 787-9 airplanes will serve as a foundation for our worldwide operations, as we build a wider network and connect our guests to Saudi Arabia and many destinations around the world,” the airline said in a statement.
“By positioning the airline as both a global connector and a vehicle to drive tourist and business travel to Saudi Arabia.”
On its long-haul network, SAUDIA now employs more than 50 Boeing aircraft, including the 777-300ER (Extended Range), 787-9, and 787-10 Dreamliner.