This Article is From Jun 15, 2015

Saudi Arabian Airlines Orders 50 Airbus Worth $8 Billion

Saudi Arabian Airlines Orders 50 Airbus Worth $8 Billion

An Airbus A400M is brought in to land as an Airbus A350 XWB is prepared for take off as part of the flying display during the opening of the International Paris Airshow at Le Bourget on June 15, 2015. (Agence France-Presse)

Le Bourget, France: Saudi Arabian Airlines has ordered 50 passenger planes from Airbus with a total catalogue value of some $8.0 billion (7.1 billion euros), the aviation giant announced today at the Paris Air Show.

The order consists of 20 Airbus A330-300 Regionals and 30 A320ceos, Airbus said, adding that the Saudi flagship airline would be the first to fly the Regionals.

The medium-haul plane, which can carry 400 passengers and has a range of 5,000 kilometres (3,000 miles), will allow the airline to increase capacity on its most popular regional routes, Airbus said in a statement.

The plane "is Airbus's solution for markets with large populations and fast-growing, concentrated air traffic flows," it said.
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