Airbus finalises deal to sell more than 60 jets to Saudi's Flynas

Airbus has finalised an agreement to sell more than 60 jets to Saudi Arabian budget carrier flynas, according to industry sources. The order from flynas, partly owned by Saudi billionaire Prince al-Waleed bin Talal's investment vehicle, is expected to cover over 60 A320neo narrow body jets. An order for 60 A320neos would be worth $6.4 billion at list prices. Including purchasing options, the agreement includes 100 A320neos. The order, which would replace and expand a fleet of leased A320s, would give flynas one of the largest Middle East low cost fleets after state-owned flydubai. Flynas is facing increasing competition domestically, where it conducts the majority of its operations. <br/>
Reuters
http://www.nytimes.com/reuters/2017/01/10/business/10reuters-airbus-flynas-orders.html
1/10/17