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FinancialNews


  • 28-03-19

    SaudiGulf abandons order for 16 Airbus SE A220

    (MENAFN) SaudiGulf Airlines was revealed by sources to have decided to abandon an order for sixteen Airbus SE A220 aircraft valued at USD1.46 billion.

    Dammam-based carrier SaudiGulf swapped the order with one for 10 Airbus A320neo jets declared in November 2018.

    Sources further confirmed that the replacement agreement is worth USD1.11 billion, less than the original deal.

    Based on information in Airbus website, the A320 is bigger as it features 165 seats in a two-class layout compared to 141 for the A220-300.

    MENAFN2803201900450000ID1098312613

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