Saudia or Saudi Arabian Airlines has revealed it will acquire over 60 aircraft from Boeing and Airbus. The news comes at a time in which Boeing is facing problems placing its wide body aircraft with airlines.

Saudia is planning on acquiring a total of 63 aircraft as part of their fleet renewal program and expansion plans. The carrier plans to grow its fleet from 119 aircraft currently to 200 aircraft in the coming years. Saudia plans to add international as well as domestic routes. Including freighter aircraft, the Saudia fleet is 9.4 years old, which is relatively young.

Growing the Saudia fleet

In 2012 the domestic market was liberalized, leading to a surge in income from Saudia’s domestic network. The airline aims to expand its existent network and plans to order 35 aircraft from the Airbus A320neo family to facilitate this growth.

Next to acquiring narrow body aircraft, the Saudi Arabian carrier is planning on acquiring 15 Boeing 777–300ER aircraft and 13 Boeing 787 aircraft.

Read the full article on SeekingAlpha

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

Article written by partner:


AeroAnalysis was founded in June 2015 and commenced operation in July 2015. In 2013 AeroAnalysis started publishing its work on investing research platform SeekingAlpha, primarily covering the aerospace industry from a unique angle, combining knowledge about investing and aerospace products into unique write-ups that spark healthy discussions and give meaningful insight to investors.