financetom
Business
financetom
/
Business
/
Market Chatter: Riyadh Air Offers to Buy Boeing Jets Blocked From China Amid Trade Tensions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Riyadh Air Offers to Buy Boeing Jets Blocked From China Amid Trade Tensions
May 25, 2025 7:58 PM

06:53 AM EDT, 04/28/2025 (MT Newswires) -- Riyadh Air is ready to purchase Boeing ( BA ) planes originally intended for Chinese carriers if deliveries are halted due to the ongoing US-China trade conflict, CEO Tony Douglas told Reuters on Monday.

"What we've done... is made it quite clear to Boeing ( BA ), should that ever happen, and the keyword there is should, we'll happily take them all," Douglas said in an interview with Reuters on the sidelines of the Arabian Travel Market conference.

Boeing ( BA ) recently flagged the possible resale of dozens of aircraft tied up by trade tensions driven by strong demand in the current tight jet market, according to the report.

Riyadh Air, backed by Saudi Arabia's Public Investment Fund, has already ordered 60 Airbus A321s and up to 72 Boeing 787 Dreamliners ahead of its launch.

(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.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved