Saudi state carrier Saudia raises $3 billion to fund aircraft orders
State-owned Saudi Arabian Airlines (Saudia) has signed a financing agreement worth 11.2b riyal ($3b) to partially finance requirements for aircraft it has ordered, the state airline said Thursday. The amount covers the airline’s aircraft financing requirements until mid-2024, helping finance the purchases of 73 aircraft, previously ordered, it said in a statement. The agreements were signed with Al Rajhi Bank, Saudi British Bank (SABB), Arab National Bank (ANB), Samba, Bank AlJazira, and Bank Albilad, while HSBC Saudi advised on the deal, it said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-03-19/unaligned/saudi-state-carrier-saudia-raises-3-billion-to-fund-aircraft-orders
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Saudi state carrier Saudia raises $3 billion to fund aircraft orders
State-owned Saudi Arabian Airlines (Saudia) has signed a financing agreement worth 11.2b riyal ($3b) to partially finance requirements for aircraft it has ordered, the state airline said Thursday. The amount covers the airline’s aircraft financing requirements until mid-2024, helping finance the purchases of 73 aircraft, previously ordered, it said in a statement. The agreements were signed with Al Rajhi Bank, Saudi British Bank (SABB), Arab National Bank (ANB), Samba, Bank AlJazira, and Bank Albilad, while HSBC Saudi advised on the deal, it said.<br/>
