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Saudia Group moves toward 'substantial' aircraft order: Bloomberg

Bloomberg reports Saudia Group is moving toward a 'substantial' aircraft order, but the dispatch omitted dollar value, aircraft type and delivery timeline for the Saudi state-controlled carrier group.

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  1. Saudia Group is moving toward a 'substantial' aircraft order, per Bloomberg reporting cited by AeroTime.
  2. The Bloomberg dispatch did not specify dollar value, aircraft type, or delivery timeline.
  3. Saudia Group comprises flag carrier Saudia alongside low-cost units flynas and flyadeal.
  4. Recent widebody transactions from Gulf and Middle Eastern carriers have ranged from 30 to more than 100 aircraft per commitment.
  5. List prices for current-generation 787-9 and A350-900 widebodies exceed $290 million per unit before typical airline discounts.
Saudia Group gains momentum for ‘substantial’ aircraft order: Bloomberg - AeroTime
PlateSaudia Group gains momentum for ‘substantial’ aircraft order: Bloomberg - AeroTime — AI-generated

Saudia Group is closing in on a "substantial" aircraft order, according to Bloomberg reporting cited by AeroTime, with the Saudi state-controlled carrier group preparing a fleet commitment that would expand capacity for both long-haul and regional operations.

The Bloomberg report did not specify a dollar figure, aircraft type, or delivery timeline, leaving the most consequential parameters — airframe selection between Boeing and Airbus, the mix between narrowbody and widebody, and the financing structure — unresolved.

Saudia Group, the holding entity for the kingdom's flag carrier Saudia (formerly Saudi Arabian Airlines) alongside low-cost units flynas and flyadeal, has pursued fleet expansion as a pillar of Saudi Arabia's broader economic transformation.

The group has signaled interest in both Boeing 787s and Airbus A350s for long-haul growth, while its low-cost carriers have leaned heavily on Airbus A320 family narrowbodies.

What would qualify as "substantial"?

The Bloomberg characterization leaves room for interpretation. Recent widebody transactions from Gulf and Middle Eastern carriers have ranged from 30 to more than 100 aircraft per commitment.

Both Boeing and Airbus offer deferred-delivery structures that spread capital expenditure across a decade or more. A "substantial" order, by the standards of the manufacturer demand pipeline, would likely mean enough aircraft to influence OEM delivery slots and pricing in the relevant category.

Without figures from the source, the threshold remains a matter of analyst speculation.

Why does the timing matter?

The order lands in a market where Boeing is rebuilding its 737 MAX and 787 production rates after certification pauses and labor disruptions.

Airbus is managing A320 family and A350 backlogs that already extend into the late 2020s. Several Gulf flag carriers have placed widebody commitments exceeding 50 aircraft in recent years.

A large Saudia commitment would offer either manufacturer a reputational lift with a politically significant Gulf customer at a moment when both are selling capacity-constrained programs. For Saudia itself, the order would shape network capacity through the end of the decade, with the flag carrier carrying the bulk of international long-haul flying and the low-cost subsidiaries absorbing intra-regional demand.

Financing and political context

Saudi aircraft purchases typically involve a mix of export-credit-supported financing, lessor lease arrangements, and direct balance-sheet acquisition. GACA, the kingdom's General Authority of Civil Aviation, oversees regulatory approvals for route rights and capacity decisions.

Bloomberg's report did not specify which financing channels Saudia intends to use. The Public Investment Fund, Saudi Arabia's sovereign wealth vehicle, holds significant stakes across Saudia Group and provides a direct funding channel for major fleet commitments.

The order also sits inside Saudi Arabia's broader aviation strategy. The kingdom has invested in airport infrastructure at Jeddah, Riyadh, and NEOM, and has publicly targeted a tourism and transit-traffic uplift that depends on the national carrier maintaining competitive long-haul aircraft.

What would the order cost?

List prices for current-generation widebodies in the 787-9 and A350-900 category exceed $290 million per unit before typical airline discounts, with actual deal prices negotiated below reference.

Deliveries would align with slot availability at OEM final-assembly lines, producing a multi-year payment profile rather than a single transaction.

What remains unknown

Bloomberg's dispatch did not address:

  • The split between narrowbody and widebody commitments
  • Whether flynas or flyadeal would absorb part of the order
  • The identity of the OEM or OEMs involved
  • A confirmed delivery start date or contract signing timeline

Until those details emerge, the order stands as one of several pending Middle Eastern commitments tracked by Airbus and Boeing sales teams, with competitive implications for both factories through the second half of the decade.

via Google News: Aircraft orders and fleets (Source)

Filed under

  • saudia-group
  • boeing-787
  • airbus-a350
  • flynas
  • saudi-arabia
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Market editor covering business strategy at Flightdeck Report.

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