Riyadh Air buys 25 Airbus A250-1000 jets at Paris Airshow
Saudi startup Riyadh Air signed a deal at the Paris Airshow on Monday to buy 25 Airbus A350-1000 jets, the plane-maker said.
The deal, announced shortly after Saudi leasing company AviLease placed an order for Airbus passenger and freighter jets, also includes purchase rights for another 25 planes, Airbus said.
Airbus does not publish catalogue prices but the firm part of the Riyadh Air deal is worth around $4.6 billion after typical airline discounts, according to Cirium Ascend estimates.
Also read: Riyadh Air Orders Up to 50 Airbus A350-1000 Jets to Ahead of 2025 Launch
4 minutes ago
10 minutes ago
15 hours ago
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Insider
4 hours ago
- Gulf Insider
Emirates Unveils New-Look Airbus A350 At Paris Airshow, Deepening $130bn Investment Ties With France
Emirates returns to the Paris Airshow after 15 years, showcasing its new A350 and reaffirming $130bn in aircraft investments with France. Emirates has returned to the International Paris Airshow for the first time in over 15 years, unveiling its newly delivered Airbus A350 and reinforcing its long-standing strategic partnership with France's aviation sector. The A350, which is on display until 19 June, features Emirates' next-generation cabin design across all three classes, with fully upgraded interiors and inflight technologies. Visitors at the show can experience the airline's enhanced Business Class and Premium Economy cabins, as well as a redesigned and more spacious Economy Class, reflecting Emirates' ongoing commitment to innovation in passenger experience. Sir Tim Clark, President Emirates Airline, said: 'We're pleased to be at the Paris Airshow, showcasing the very best of air travel on one of the most important platforms in the aerospace exhibition calendar. 'Coming back to France's most important aerospace show demonstrates how committed Emirates is to supporting the country's aviation industry – not just through our day-to-day operations, but through ongoing investments across the entire aerospace supply chain.' Emirates currently serves France with 21 weekly flights to Paris, including three daily A380 services, alongside a daily A380 to Nice and a daily A350 to Lyon. Emirates remains the only international airline to operate an A380 to Nice Côte d'Azur Airport. Since its inception in 1985, Emirates has invested heavily in the French aviation sector, including: Investing more than €114bn ($130bn) in the purchase of 254 Airbus aircraft, including the A300, A310, A330, A340, A380, and A350 models Supported thousands of jobs across the French aerospace industry, with Emirates acting as a key customer for French manufacturers such as Airbus, Safran, Thales, and Michelin In 2023, the airline signed a series of major supply contracts with Safran worth over €1bn ($1.14bn), including a €896m ($1bn) agreement for next-generation seats to be installed across Emirates' new A350 fleet, Boeing 777X-9, and the existing 777-300ER aircraft It also invested €322m ($367.5m) in Thales' AVANT Up inflight entertainment system, which will debut on the A350 Beyond aircraft, Emirates contributes €189m ($215m) annually to the French economy through operational expenditure including fuel uplift, overflight charges, catering, landing and handling fees, and crew accommodation The A350 on display features 32 lie-flat Business Class seats in a 1-2-1 configuration, 21 Premium Economy seats, and 259 Economy Class seats. The aircraft offers a redesigned interior with more headroom, wider aisles, advanced cabin lighting, and faster Wi-Fi, as well as Emirates' latest generation of inflight entertainment systems delivering a cinematic viewing experience. By the end of 2025, the Emirates A350 is expected to serve 17 destinations globally. The airline has so far inducted seven A350s into its fleet, with 58 more scheduled for delivery in the coming years, as Emirates continues to modernise its long-haul fleet with fuel-efficient and passenger-focused aircraft.
Daily Tribune
9 hours ago
- Daily Tribune
AviLease orders Airbus A350F freighters and A320neo Family aircraft
AviLease, the global aircraft lessor based in the Kingdom of Saudi Arabia, has announced a major new order with Airbus during the 2025 Paris Airshow. The initial agreement includes 10 A350F freighter aircraft and 30 A320neo Family jets, with provisions for a future increase to 22 A350Fs and 55 A320neo aircraft. Edward O'Byrne, CEO of AviLease, remarked: 'We are proud to establish an Airbus order book, strengthening our position as a full-service, investment-grade global lessor. The addition of these latest-generation aircraft enhances our ability to offer modern, fuel-efficient fleet solutions to our airline partners in Saudi Arabia and around the world. We thank our local partners and Airbus for the strong long-term partnership we have established and look forward to placing these aircraft across our valued customer base.' Airbus also welcomed the partnership. Benoît de Saint-Exupéry, Executive Vice President of Sales for Airbus' Commercial Aircraft business, stated: 'We are delighted to welcome AviLease as Airbus' latest customer with this significant order for the all-new A350F and leading A320neo Family. The A350F will set the benchmark in air cargo, offering at least 20% reduced fuel burn, better loading capacity, and increased range, while the A320neo Family continues to be the world's most popular single-aisle aircraft. This dual order reinforces AviLease's credentials as a leading lessor and demonstrates the broad appeal of our products among lessors and their airline customers.' The A350F boasts the largest main deck cargo door in the industry, with its fuselage length and capacity tailored to accommodate standard pallets and containers. Over 70% of the aircraft's structure is built from advanced materials, enabling a 46-tonne lighter take-off weight compared to competing freighters. Additionally, the A350F is the only freighter that will fully comply with ICAO's enhanced CO₂ emissions standards set to take effect in 2027.
Daily Tribune
12 hours ago
- Daily Tribune
Airbus touts plane orders, Boeing focused on crash probe at air show
European aeroplane manufacturer Airbus announced Saudi and Polish orders for more than 100 aircraft at the Paris Air Show on Monday while US rival Boeing focused on 'supporting customers' after the Air India crash. The sales rivalry between Boeing and European aerospace giant Airbus usually drives the headlines as the world's top civilian plane makers announce many of their biggest orders at the air show in Le Bourget. But Boeing chief executive Kelly Ortberg said last week he was cancelling plans to attend the biennial event to spend time on the probe into the 787 Dreamliner crash. 'Our focus is on supporting our customers, rather than announcing orders at this air show,' a Boeing spokeswoman told AFP at the trade fair in Le Bourget. The London-bound Dreamliner crashed shortly after take off in the western Indian city of Ahmedabad, killing 241 passengers and crew and another 38 people on the ground. One passenger survived. For its part, Airbus announced that Riyadh Air, an airline founded in 2023, placed a 'firm' order for 25 wide-body, long-range A350-1000 aircraft. The deal would be worth more than $9 billion under 2018 catalogue prices -- which Airbus has since phased out as final sale prices vary according to contract terms and the version of an aircraft. The Riyadh Air deal could rise to 50 planes, Airbus said. Saudi aircraft leasing company AviLease placed a separate order for 30 single-aisle A320neo jets and 10 A350F freighters in a deal worth around $7 billion. The deal could rise to 22 A350F cargo planes and 55 A320neo aircraft. Polish airline LOT -- which has traditionally purchased planes from Boeing and Brazilian manufacturer Embraer -- picked Airbus for the first time, ordering 40 A220 planes worth $3.4 billion. Embraer announced that the Portuguese government had ordered a sixth KC-390 Millennium military transport plane after buying five in 2019.
