logo
Saudia Announces Order of 20 Airbus A330neo Planes

Saudia Announces Order of 20 Airbus A330neo Planes

Gulf Insider24-04-2025

Saudia Group has announced a new aircraft deal with Airbus to enhance its fleet by adding up to 20 new wide-body A330neo aircraft.
10 of which the new planes are for flyadeal, the Group's low-cost carrier.
The A330neo model aligns with the Saudia Group's strategy to broaden its operational reach and introduce more destinations.
Deliveries are scheduled to begin in 2027, with the final aircraft arriving in 2029.
Ibrahim Al-Omar, Director General of Saudia Group, said: 'Today's deal marks a pivotal milestone in our ambitious strategy to modernise and expand our fleet.
'It builds on last year's historic deal with Airbus for 105 aircraft. This step aligns with our national strategies under Saudi Vision 2030, which aim to connect 250 destinations and facilitate the travel of over 330m travellers and 150m tourists by 2030.
'This deal supports Saudia Group's plans to grow and improve its operations. It adds to the modernisation of our fleet, improves aircraft maintenance, and makes our overall operations more efficient.'
Benoît de Saint-Exupéry, Executive Vice President of Sales for the Commercial Aircraft business at Airbus, said: 'Saudia Group's A330neo order for flyadeal marks a key step in advancing the Kingdom's aviation ambition to unlock long-haul markets and attract new customers.
'The A330neo's proven versatility, new-generation efficiency, and excellent passenger experience will perfectly support Saudia Group's strategic growth and solidify their position as a global aviation leader.
'We look forward to seeing this versatile champion fly in flyadeal colours.'
The airline group currently operates a fleet of 194 aircraft, serving commercial aviation, cargo operations, and logistics services.
The Group is set for significant expansion, with 191 new aircraft scheduled for delivery in the coming years.
This expansion will further support national economic growth and contribute to key strategic initiatives and major events aimed at bringing the world to Saudi Arabia.
Also read: Saudi Arabia Spells Out Health Rules For Hajj Workers

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

London Business School to start open education programme in Riyadh
London Business School to start open education programme in Riyadh

Trade Arabia

time18 hours ago

  • Trade Arabia

London Business School to start open education programme in Riyadh

London Business School has announced the launch of its first open executive education programme in Saudi Arabia, which will be offered at the new Executive Office in Riyadh. The move follows the college's global recognition and inclusion among the world's best executive education providers, according to the recently released Financial Times Executive Education 2025 ranking. LBS has been ranked among the world's leading providers of Executive Education in the newly released 2025 Financial Times Executive Education Rankings. Announcing this, LBS said the programmes will commence in the 2025–2026 academic year and aim to support the kingdom's priorities for economic diversification, innovation, and leadership capability in line with Saudi Vision 2030. This announcement follows the School's commitment, shared in April, to open an office in Riyadh dedicated to advancing human capability and leadership development in the region These new Riyadh programmes represent the next phase in LBS's regional strategy, building on the School's established presence in Dubai and its long-standing engagement with Gulf organisations and executives. Helen Kirkentzis, Assistant Dean of Executive Education and General Manager at Riyadh Office, said: "We are delighted to be acknowledged by our clients and participants for the impact of our programmes on leaders globally. Our success is driven by our dedicated faculty, staff and learning partners, and the high standards of our participants." "Launching our open programmes in Riyadh strengthens our commitment to supporting leaders and working more closely with our partners in Saudi Arabia and the wider region," she stated. According to LBS, three new programs will contribute to the development of leadership skills in Saudi Arabia. These are: *Women in Leadership: Empowering women executives with the skills to lead confidently, supporting Saudi Arabia's ambition to increase female participation in the workforce. *Leading Teams for Emerging Leaders: Equipping rising leaders with strategies to build high-performing teams and drive organisational success in a dynamic economic environment. *Next Level Leadership: Providing senior executives with advanced tools to navigate complexity, align with Vision 2030's priorities, and lead transformative change. The launch of the new programs in Riyadh marks the next phase of the college's regional strategy, which builds on its established presence in Dubai and its long-standing partnership with institutions and executives in the Gulf region. London Business School has once again been recognised as one of the world's leading executive education providers by the Financial Times Open Executive Education Rankings 2025, the fifth consecutive year that the school has strengthened its position in these prestigious global rankings. Florin Vasfari, Executive Dean of Executive Education in the Middle East and General Manager at the Riyadh Office, said: "Launching our first programmes in Riyadh is a natural next step as we deepen our long-term partnership with Saudi Arabia and the Gulf."

ACWA Power enters potential $10bn investment deals in Malaysia
ACWA Power enters potential $10bn investment deals in Malaysia

Trade Arabia

time2 days ago

  • Trade Arabia

ACWA Power enters potential $10bn investment deals in Malaysia

ACWA Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of memorandum of understanding (MoU) and strategic partnership agreements (SPA) with key Malaysian entities during the ASEAN-GCC Summit in Kuala Lumpur, Malaysia. These partnerships create a powerful synergy between Malaysia's innovative ecosystem and Saudi Arabia's energy transition expertise, supporting decarbonisation efforts, and establishing a strategic platform for sustainable development across Southeast Asia, said a statement. By unlocking unprecedented opportunities in renewable energy, green hydrogen, and advanced water solutions, these collaborations are fully aligned with Malaysia's National Energy Transition Roadmap (NETR), while contributing to Saudi Vision 2030's objectives for global climate leadership. Marco Arcelli, Chief Executive Officer of ACWA Power, said: "These strategic agreements represent a significant milestone in ACWA Power's expansion in Southeast Asia and reflect our commitment to supporting Malaysia and the broader ASEAN region's energy transition. By combining our global expertise in renewables, water desalination, and green hydrogen with the local knowledge of our Malaysian partners, we are not only accelerating the deployment of clean energy solutions but also fostering technology transfer, job creation, and long-term economic growth and social well-being of the local community. These partnerships are a testament to our shared vision for a sustainable future." ACWA Power has entered into an MoU with the Malaysian Investment Development Authority (MIDA) to explore the development of up to 12.5GW of power generation capacity by 2040, with an initial investment value of up to $10 billion. This collaboration will play a pivotal role in achieving Malaysia's goal of increasing its installed renewable energy capacity to 70% by 2050. Further, ACWA Power has signed SPAs and Heads of Terms (HoTs) for Joint Development Agreements with Tenaga Nasional Berhad (TNB), Terengganu Inc. and UEM Lestra to conduct feasibility studies and jointly develop various energy projects relating to floating solar photovoltaic (FPV), combined cycle-gas turbine (CCGT) and large-scale water desalination to accelerate Malaysia's sustainable energy and water infrastructure development.

Indian airline IndiGo orders 30 Airbus A350 widebody planes
Indian airline IndiGo orders 30 Airbus A350 widebody planes

Daily Tribune

time2 days ago

  • Daily Tribune

Indian airline IndiGo orders 30 Airbus A350 widebody planes

India Indian airline IndiGo said yesterday it had signed an order for 30 more Airbus A350-900s, bringing its shopping list for the widebody aircraft from the European aircraft manufacturer to 60. 'We are placing a firm order for 30 Airbus A350- 900s,' said Pieter Elbers, the CEO of IndiGo, which was founded in 2006 and is behind the largest contract by volume in the history of civil aviation -- 500 Airbus single-aisle aircraft by 2023. The low-cost carrier, India's biggest by market share, is positioning itself as a significant player in the long-haul market.'This strategic move will enable IndiGo to spread its wings further and expand its long-haul international network,' the company said. Benoit de Saint-Exupery, Airbus commercial aircraft vice-president of sales, hailed 'IndiGo's incredible rise'. 'You have democratised flying in India, and now you want to expand internationally,' he said. The A350 planes, with ranges of up to 15,000 kilometres (9,300 miles), will allow it to expand its network further. O ve ra l l , I n d i G o h a s placed orders for around 1,000 aircraft from the A320 family, Airbus's most successful model and rival of the Boeing 737 MAX, which has endured multiple setbacks.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store