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Airbus to sell 105 aircrafts to Saudi Arabia

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Saudia Group has signed a multibillion dollar agreement with European aircraft manufacturer Airbus for the purchase of 105 planes.

The airline says the acquisition will include Airbus A320neo and A321neo models which will be distributed between Saudia and flyadeal, the group’s low-cost carrier.

“We are increasing flights and seat capacity across our existing 100+ destinations on four continents, with plans for further expansion. The progress of Saudi Vision 2030 is attracting more visits, tourists, entrepreneurs, and pilgrims each year. This motivated our decision to secure this significant deal, which will create jobs, increase local content, and contribute to the national economy,” said Ibrahim Al-Omar, Director General of Saudia Group.

The deal which is the largest in Saudi Arabia’s aviation history will see Saudia acquire 54 A321neo aircraft, while flyadeal will receive 12 A320neo and 39 A321neo aircraft

This comes as the Kingdom targets to increase guests’ capacity to 330 million and expand destinations to 250 by 2030.

“The aviation sector is grateful for the tremendous support provided by the country’s leadership. This agreement is one of the enablers of achieving the objectives of the National Transport and Logistics Strategy,” stated Saleh Al-Jasser, Minister of Transport and Logistics Services.

The country is also looking to attract 150 million tourists by 2030. This is in addition to the Hajj and Umrah objective to contribute to the increase of Umrah pilgrim capacity to 30 million within the period.

The A320 family aircraft emits 20pc less fuel burn and carbon emissions compare to previous generation aircraft.

“The new additions will enable Saudia Group’s strategy to advance the Kingdom’s aviation capabilities while enabling both airlines to benefit from the A320neo Family’s exceptional efficiency, superior economics, highest level of passenger comfort as well as lower fuel-burn and emissions.”

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