29th May 2023

MENA

Boeing due to sell jetliners to new Saudi airline

Boeing Co is putting together a deal to sell around 150 737 Max jetliners to Riyadh Air, the Saudi Arabian start-up, according to Bloomberg News.

The new airline, which is owned by Saudi Arabia's Public Investment Fund (PIF), needs around 300 to 400 single-aisle jets in total, the report said. Airbus SE could also be involved in the deal.