DUBAI, May 7 (Reuters) - Riyadh Air could announce an
order for narrow-body jets within weeks, while an order for
larger wide-body jets will be placed later, the airline's chief
commercial officer said on Tuesday.
The Saudi start-up carrier plans to launch operations in
June next year with Boeing 787 wide-body jets it previously
ordered but has for months said it would also order narrow body
jets.
"It should be done within the coming weeks," Vincent Coste
said when asked about the status of the order, adding that the
airline was under "no real pressure" to make an announcement.
Asked if an agreement had been finalised with either Airbus
or Boeing ( BA ) for the narrow body order, he said
discussions were in progress, without disclosing the planemaker.
Riyadh Air, which is owned by Saudi sovereign wealth fund
PIF, last year agreed to buy 39 Boeing 787 jets with purchase
rights for an additional 33 of the wide-body planes.
Coste said the airline would start selling tickets in
January and launch its first flight six months later in June.
Riyadh Air would launch on average two new destinations a
month until 2030, with the airline flying to around 10 mostly
international destinations by the end of 2025, he said in an
interview at the Arabian Travel Market tourism fair in Dubai.
Saudi Arabia's government is launching Riyadh Air as part of
a wider, ambitious economic transformation of the country to
diversify the economy away from oil revenues and create jobs.