Airbus Wins Order for Up to 50 Widebody Jets From Riyadh Air
Airbus SE won an order for as many as 50 widebody jets from Saudi Arabia's new carrier, as the kingdom pours billions of dollars into turning the country into an aviation and tourism hub.
Riyadh Air, backed by the country's sovereign wealth fund, announced the deal for the A350-1000 aircraft, with half as non-firm options, at the Paris Air Show on Monday. The carrier, which plans to begin operations by the end of the year, has already purchased 60 A321 narrowbody jets from the European planemaker.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wall Street Journal
32 minutes ago
- Wall Street Journal
Oil Rises Amid Ongoing Middle East Tensions
0011 GMT — Oil rises in the early Asian session amid ongoing Middle East tensions that could lead to supply disruptions. Israel struck Iran's state media buildings in Tehran, while President Trump called for evacuation of the Iranian capital. The attacks came even as the WSJ reported Iran has been urgently signaling that it seeks an end to hostilities and a resumption of talks over its nuclear programs. The nature of Israel and Iran's attacks on each other suggests risks to the oil market have escalated in this latest phase of the Middle East conflict, ANZ Research analysts say in a research report. Front-month WTI crude oil futures are 1.9% higher at $73.14/bbl; front-month Brent crude oil futures are 1.6% higher at $74.41/bbl. (
Bloomberg
34 minutes ago
- Bloomberg
Trump Calls for Tehran Evacuation
The Asia Trade US President Donald Trump has called for the evacuation of Iran's capital Tehran on Monday, hours after he urged the country's leadership to sign a deal to limit its nuclear program and Israel signaled strikes would continue. Bloomberg's David Gura reports from the G-7 summit in Alberta, Canada. (Source: Bloomberg)
Bloomberg
44 minutes ago
- Bloomberg
Rep. Hill: Israel Has Right to Self Defense
Bloomberg Markets Balance of Power Rep. French Hill (R-AR) discusses the escalating war between Israel and Iran, as well as the latest on the Republican tax bill that's now in the hands of the US Senate. He speaks with Julie Fine and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
