Saudi airline Flynas in US$8.6b Airbus deal:
Flynas has concluded an US$8.6b purchase deal with Airbus, a major shareholder said Thursday. Kingdom Holding Co, which owns a 34% stake in the airline, said Flynas has finalised the "deal with Airbus for the purchase of new aircraft." No details of the number or type of planes that flynas will acquire were provided, but a source close to the negotiations said they are from the A320 family of single-aisle aircraft. Bloomberg News reported Wednesday that a Flynas order for A320 short to medium haul jets was imminent and said the airline had been considering a deal for 60 planes plus an option for 40. The 10-year-old airline exclusively operates the A320, with a fleet of 29 as of last February <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-13/unaligned/saudi-airline-flynas-in-us-8-6b-airbus-deal
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Saudi airline Flynas in US$8.6b Airbus deal:
Flynas has concluded an US$8.6b purchase deal with Airbus, a major shareholder said Thursday. Kingdom Holding Co, which owns a 34% stake in the airline, said Flynas has finalised the "deal with Airbus for the purchase of new aircraft." No details of the number or type of planes that flynas will acquire were provided, but a source close to the negotiations said they are from the A320 family of single-aisle aircraft. Bloomberg News reported Wednesday that a Flynas order for A320 short to medium haul jets was imminent and said the airline had been considering a deal for 60 planes plus an option for 40. The 10-year-old airline exclusively operates the A320, with a fleet of 29 as of last February <br/>
