Boeing Co is expected to sell nearly 80 787 Dreamliner airplanes to two Saudi Arabian airlines, a source briefed on the matter said on Monday.
is expected to sell nearly 80 787 Dreamliner airplanes to two Saudi Arabian airlines, a source briefed on the matter said on Monday.
An announcement is expected as early as Tuesday and the planes are expected to have list prices of nearly $37 billion. The Wall Street Journal reported the plan earlier. Airlines typically get undisclosed discounts when buying airplanes. State-owned Saudi Arabian Airlines and new national airline Riyadh Air will both be acquiring Boeing 787s, the source said. The airlines are expected to buy a total of 78 787s and have options to buy another 43, the source said.Riyadh Air
, with industry veteran Tony Douglas as its chief executive, as the kingdom moves to compete with regional transport and travel hubs. Riyadh Air will serve more than 100 destinations around the world by 2030, making use of the kingdom's location between Asia, Africa and Europe, state news agency SPA said.
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