Might 28 (Reuters) – Boeing Co (BA.N) is engaged on a deal to promote at the very least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air, Bloomberg Information reported on Sunday.
The brand new provider, wholly owned by Saudi Arabia’s Public Funding Fund (PIF), is searching for about 300 to 400 single-aisle jets in whole, the report stated, citing folks accustomed to the matter. Airbus SE (AIR.PA) might additionally declare part of the order, the report added.
Boeing declined to remark, whereas Riyadh Air and PIF didn’t instantly reply to Reuters requests for remark.
Boeing beforehand received one other order by state-owned airline Saudia and Riyadh Air for a mixed 78 Boeing 787 Dreamliners, the fifth-largest industrial order by worth within the airplane maker’s historical past.
Reporting by Jyoti Narayan in Bengaluru; Enhancing by Mark Porter and Deepa Babington
: .
