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Saudi Arabia wealth fund to order 30 Boeing jets, Bloomberg News reports
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Saudi Arabia wealth fund to order 30 Boeing jets, Bloomberg News reports
May 26, 2025 6:49 AM

May 13 (Reuters) - Saudi Arabia's sovereign wealth fund

plans to order 30 Boeing 737 MAX jets, Bloomberg News

reported on Tuesday, citing people familiar with the matter.

The Public Investment Fund (PIF) was set to buy the jets for

aircraft leasing company AviLease, according to the report. The

Riyadh-based firm has 200 owned and managed aircraft and leases

to 48 airlines globally.

Boeing ( BA ) and AviLease did not immediately respond to Reuters'

requests for comment. PIF could not be immediately reached for

comment.

Earlier in the day, Boeing ( BA ) official Michael Strosnider told

Saudi state TV that the U.S. planemaker had been looking at

bringing Saudi Arabia into the global supply chain for the

F-15EX fighter jet.

Boeing ( BA ) CEO Kelly Ortberg is among corporate leaders

accompanying U.S. President Donald Trump on his Middle East

Tour, beginning with Saudi Arabia on Tuesday.

(Reporting by Sameer Manekar in Bengaluru; Editing by Anil

D'Silva)

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