Saudia to start talks with Boeing, Airbus soon for aircraft order

-A Monitor Report 01 Nov, 2017  |    -      +
Dubai : Before the end of the year, Saudi Arabian Airlines will start talks with Boeing and Airbus about a narrow-body aircraft order, the carrier's top executive said recently.

The requirement for flyadeal, its new low-cost subsidiary airline, will be for "probably 30 single-aisle aircraft," Director-General Saleh Bin Nasser Al Jasser told Reuters in Dubai.

The talks aimed at acquiring Boeing B737 or Airbus A320 aircraft will start "much sooner" than December 31, he said at a meeting between aviation authorities from the United Arab Emirates and Saudi Arabia.

Flyadeal launched domestic flights in September and plans to start operating international routes by mid-2018. It has agreed to lease eight A320s from Aerospace Enterprise (DAE) with the first delivered in August.

Al-Jasser had said before flyadeal's launch that the airline would operate an entirely leased fleet of between 25 and 50 aircraft by 2020.

Share listing for cargo business

Earlier, Al Jasser told reporters that Saudi Arabian Airlines could list shares in its cargo business next year.

Under Saudia's privatisation plan it aims to next float 30 per cent of the shares in the cargo subsidiary, a share market listing which "could be in 2018," Al Jasser said.

He said after that the airline's private aviation or medical business could be listed.

Reuters reported in May that Saudia had engaged with advisers for the full sale of its medical unit, which is called Saudia Medical Services, based in Jeddah.

The airline has also said it plans to list its maintenance and flight academy units, and the airline itself.

Saudi Airlines Catering Co raised US$347 million with an IPO of 30 per cent of its shares in 2012. Saudi Ground Services Co was listed in 2015.

Lunches flights to Mauritius

Saudi Arabia Airlines, the flig carrier of the Kingdom of Saudi Arabia, has started flights to Mauritius, the Indian ocean island famous for tourism.

Mauritius is the airline's third new destination this year and is a scheduled year-round service.

The new flight to Mauritius is operated with a Boeing 787 Dreamliner, flying direct between the two countries.

Saudia's route map covers 87 destinations across four continents, flying to Africa, the Middle East, Europe and North America daily from its hubs in Jeddah and Riyadh.

The airline currently operates a fleet of 141 narrow and widebody Airbus and Boeing aircraft, and is the global launch operator of the Airbus A330-300 Regional.

Saleh bin Nasser Al-Jasser, Director General of Saudi Arabia Airlines, met with the prime minister of the Republic of Mauritius, Pravind Jugnauth, following the start of new commercial flights between the two countries.

Also on Bangladesh Monitor

Top