Startup Riyadh Air plans trio of new plane orders -CEO

Saudi Arabia's new airline Riyadh Air is in the midst of a three-part inaugural fleet acquisition including ongoing talks with Airbus and Boeing to buy a significant number of narrow-body jets, CE Tony Douglas said. The creation of a second Saudi national airline, with industry veteran Douglas as its CEO, was announced alongside an order for up to 72 Boeing 787s in March, as the kingdom moves to diversify its economy and serve over 100 destinations by 2030. Interviewed on the sidelines of a global airlines meeting in Istanbul, Douglas declined to give the size of the planned follow-up order for narrowbody jets, but told Reuters: "It's not going to be insignificant by any stretch of the imagination." He added: "That might not be our last order either".<br/>