Riyadh: Airbus SE won an order for 60 A321neo jets from Saudi Arabia’s new carrier, as the kingdom pours billions of dollars into turning the country into an aviation and tourism hub….
Tag: order
Cathay places $11 billion Airbus order as net profit slips
The multibillion-dollar transaction for 30 A330-900neos with the right to buy 30 more would be before significant discounts are factored in. Cathay’s latest deal with Airbus is its third in 12 months…
Flynas doubles Airbus jet order to 280 aircraft with new 160-jet deal
Farnborough, UK: Saudi Arabia-headquartered flynas, on Thursday, announced it signed an MoU with France’s Airbus for 160 jets, including 75 A320neo family aircraft and 15 A330-900 widebodies. flynas, an all-Airbus operator, said…
Flying taxi startup Lilium close to Saudia order for 100 Jets
The startup is likely to announce the Saudia order at an event at its headquarters near Munich later this month, according to a person familiar with the matter who wasn’t authorised to…
Auction of Dubai luxury hotel Palazzo Versace stopped by court order
Until the auction was stopped, the property had not received any bids. Typically, based on past auction, bids get placed closer to the actual closing of the process. Through the last four…
UAE Coast Guard Forces places Dh1.6b order for 10 offshore patrol vessels
The first order of MAESTRAL, which will prioritise non-NATO orders and strategic contracts from selected NATO member countries, includes P51MR Class OPVs, derived from the mission-proven Saettia Class, feature high modularity, stability in…
Airbus wins historic $19b order from Saudi Arabia's national airline
Neither Saudia Group nor Airbus disclosed the value of the deal, however, the Future Aviation Forum in Riyadh where the order was announced said the record Saudi order was worth $19 billion….
Qatar places $6 billion order for LNG carriers from China
QatarEnergy has signed a $6 billion agreement with China State Shipbuilding Corp. to build 18 liquefied natural gas carriers as it prepares to boost its output of the super-chilled fuel. The shipbuilder…
UAE private sector activity dips in January as Red Sea crisis creates order backlogs, delays: S&P Global
Even then, “The disruption to supply lines resulting from the Red Sea attacks appeared to have a modest impact on the UAE non-oil sector in January, with a few firms noting delivery…
US aircraft marker Boeing wins order for 150 Max jets from India’s Akasa Air
Akasa’s total order book now stands at 226 aircraft, bolstering its domestic and international expansion plans, according to the statement. The airline will ‘continue to rely primarily on sale and leaseback financing’…