Airbus, Saudi Arabia in Negotiations Over A350 Order, Reuters Reports
October 24 2022 - 2:09AM
Dow Jones News
-- Saudi Arabia is in negotiations for the order of about 40
Airbus A350 planes in a deal worth $12 billion that could be
announced this week, Reuters reports, citing unnamed sources.
-- The negotiations come as the country moves to start a new
airline, which will be named RIA, to challenge the hold other
companies have in the Gulf region, Reuters says.
-- It is still unclear if Saudi Arabia will also secure plane
orders from Airbus rival Boeing, Reuters reports.
Full story: https://reut.rs/3VY09W3
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
October 24, 2022 01:54 ET (05:54 GMT)
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