Riyadh Air, Saudi Arabia’s new premium international airline, has placed a firm order for 60 Airbus A321neo Family aircraft. The agreement was signed at the Future Investment Initiative in Riyadh, marking a major milestone for the new carrier.
On Wednesday (October 30, 2024), Airbus announced that Riyadh Air, the new premium international airline based in Saudi Arabia, has placed a firm order for 60 Airbus A321neo Family jets. The agreement was signed in Riyadh at the Future Investment Initiative (FII), with the signing ceremony attended by His Excellency Yasir Al-Rumayyan Governor of the Public Investment Fund (PIF) and Chairman of Riyadh Air, Tony Douglas, CEO of Riyadh Air, Christian Scherer, Chief Executive Officer, Commercial Aircraft at Airbus and Benoit de Saint-Exupery, Executive Vice President Sales of the Commercial Aircraft business.
In Wednesday’s announcement, Riyadh Air’s CEO, Tony Douglas, said,
“This investment will not only enable us to support economic growth in the aviation industry, it will ensure Riyadh Air operates one of the most fuel efficient fleets. It’ll be instrumental in helping Saudi Arabia achieve its decarbonisation goals. This deal strongly reinforces the positive economic impact of Saudi Arabia’s newest airline on both a global and local scale to facilitate the fast-growing Saudi aviation ecosystem.”
Also commenting on the milestone order, Airbus Commercial Aircraft’s CEO, Christian Scherer added,
“We are proud to welcome Riyadh Air as a new Airbus customer and partner. The latest generation A321neo aircraft will bring exceptional efficiency to the airline's operations, concrete contributions to its decarbonisation goals and comfort to its passengers. We look forward to working together to support the strong ambitions of Saudi aviation.”
The largest member of Airbus’ best-selling Airbus A320neo Family, the A321neo offers unmatched range and performance. Featuring new generation engines and advanced Sharklets, the A321neo delivers a 50 percent smaller noise footprint and an over 20 percent reduction in fuel use and CO2 emissions compared to previous generation single-aisle aircraft. To date, over 6,700 A321neos have been ordered by more than 90 customers worldwide.
Source: Airbus
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