Since 1975
  • facebook
  • twitter
  • instagram
  • youtube
  • Line
JP
  • facebook
  • twitter

Saudia raises $3bn to fund aircraft orders

The financing will cover orders for Saudi Arabian Airlines jets including more Boeing 787 Dreamliners. (Saudi Arabian Airlines)
The financing will cover orders for Saudi Arabian Airlines jets including more Boeing 787 Dreamliners. (Saudi Arabian Airlines)
The agreements were signed with a number of Saudi banks to help fund the purchase of a further 73 aircraft. (Saudi Arabian Airlines)
The agreements were signed with a number of Saudi banks to help fund the purchase of a further 73 aircraft. (Saudi Arabian Airlines)
Short Url:
20 Mar 2021 12:03:46 GMT9
20 Mar 2021 12:03:46 GMT9

Saudia has signed a financing agreement worth 11.2 billion riyals ($3 billion) to partially finance requirements for aircraft it has ordered, the state airline said on Thursday.

The amount covers the airline’s aircraft financing requirements until mid-2024, helping finance the purchases of 73 aircraft, previously ordered, it said in a statement.

The agreements were signed with Al Rajhi Bank, Saudi British Bank (SABB), Arab National Bank (ANB), Samba, Bank AlJazira, and Bank Albilad, while HSBC Saudi advised on the deal, it said.

The airline has ordered Airbus A320neo, A321neo, A321XLR, and Boeing 787-10 jets.

Reuters

topics
Most Popular
A powerful earthquake shook Nagano, but with no tsunami
UAE Youth Ambassadors at Expo 2025 enhance UAE’s global image
JIMOTO holds unique Japanese cultural experience in Dubai
Zelensky may attend Osaka-Kansai Expo in August
Japanese entertainment eyes Middle East boom at Tokyo seminar
Recommended
This is what one family in Gaza returned home to after 15 months of war
Japan’s Osaka bans street smoking ahead of Expo 2025
Japanese anime tourism continues to be big hit for Arab travelers
Major success for the 1st edition of Animenia Festival
As Gaza hostage crisis drags on for Israel, here’s what we know
AI tools to detect dementia under development in Japan
Saudi oil supplies nearly 40% of Japan’s needs in April
Stolen pure gold tea bowl found at Tokyo antique shop
Japan wants Iran to calm Middle East tension
Lebanese newspaper introduces ‘AI President’ in effort to break political deadlock

return to top

Default Language / 言語

×
日本語 English
<