From Financial Modeling Prep: 2025-06-16 13:26:00

Saudi Arabia’s new national carrier, Riyadh Air, made headlines at the Paris Airshow with a deal to buy 25 Airbus A350-1000 jets, worth $4.6 billion. The agreement includes options for 25 more planes, showing the airline’s ambitious growth plans.

Riyadh Air’s choice of Airbus over Boeing for its flagship model surprised many, signaling a strategic shift towards European aircraft. This move aligns with Saudi Arabia’s Vision 2030 plan to become a global aviation hub, despite existing ties with U.S. manufacturers.

The large order positions Riyadh Air as a fast-growing player in the aviation market, reflecting Saudi Arabia’s broader economic goals. To track industry trends and valuations post-deal, the Industry P/E Ratio API offers valuable insights across sectors, including aerospace and defense.

With deliveries starting before the decade ends, Riyadh Air’s deal with Airbus allows for financial flexibility and rapid expansion. The airline aims to operate premium international routes from its base in Riyadh, setting the stage for future growth and market impact.

Riyadh Air’s monumental order not only expands its fleet but also sends a strategic message to the aviation industry. As Airbus triumphs over Boeing in this deal, and Saudi Arabia ramps up its aviation sector, competition among global aircraft manufacturers intensifies.



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