Saudia Group Moves Closer to Substantial Aircraft Order

· Aviation · Saudi Arabia

Saudia Group is moving closer to a "substantial" aircraft order, according to a company executive who spoke with Bloomberg. The airline group has been expanding its fleet as Saudi Arabia pushes to grow tourism and aviation capacity. No aircraft type, manufacturer or value was disclosed in the report. A large order from Saudia would add to a wave of widebody purchases by Gulf carriers in recent years.

Why it matters:Gulf carriers' large orders shape global widebody backlogs and delivery slots for years, and this one signals continued capacity growth in Saudi aviation beyond the region's existing hubs.

Key points

  • Saudia Group described the coming order as substantial.
  • No type, manufacturer or value was disclosed.
  • Comes as Saudi Arabia expands tourism and aviation capacity.

Sources (original reporting)

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