Saudi Arabia planning to buy up to 121 Boeing jets

Saudi Arabia has agreed to purchase up to 121 aircraft from Boeing. This is her second major foreign deal for the manufacturer in recent weeks, being praised by the Biden administration.

Worth approximately $37 billion, the deal includes the purchase of 78 jetliners, with options to acquire an additional 43. This is a huge boost for the US aircraft manufacturing industry.

The aircraft will be split between the country’s flag carrier Saudia and a new carrier called Riyadh Airways. The White House touted the deal as a boon to American manufacturing.

“Over the past few weeks, Boeing has completed two of the largest deals in the company’s history,” White House spokeswoman Carine Jean-Pierre said in a statement. support more than 1 million American jobs in

U.S. officials said the deal was finalized after years of talks between Boeing and Saudi Arabia, which also involved U.S. government officials.

“These deals, worth nearly $37 billion, are the result of years of debate, including the involvement of US officials,” Secretary of State Antony Brinken said in a statement.

Saudi Arabia announced last weekend the creation of a new national airline, Riyadh Air, which will operate from the Saudi capital, as part of a push to connect the city to more than 100 destinations by 2030.

“By positioning the airline as both a global connector and a means of facilitating tourist and business travel to Saudi Arabia, the new 787-9 aircraft will create a broader network and bring guests to many destinations in Saudi Arabia and around the world. destinations,” airline CEO Tony Douglas said in a statement after the deal was announced.

The latest deal comes after Boeing signed a deal with Air India last month to buy 220 aircraft worth $34 billion.

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