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Market Chatter: Boeing, Airbus Vying for Big Riyadh Air Widebody Order
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Market Chatter: Boeing, Airbus Vying for Big Riyadh Air Widebody Order
Nov 9, 2024 11:16 AM

08:53 AM EST, 11/06/2024 (MT Newswires) -- Saudi Arabia's Riyadh Air will choose between Boeing Company ( BA ) and Airbus for a "substantial" order, as it seeks to grow its fleet to over 200 aircraft, Bloomberg reported, citing an interview with the airline's chief executive, Tony Douglas.

Riyadh Air is expected to make its decision by Q2 2025, Douglas said.

Boeing ( BA ) and Airbus did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 152.00, Change: +1.00, Percent Change: +0.66

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