Stock Market News

Saudi Fund eyes Boeing, Airbus jets for new cargo airline, Bloomberg News reports

2024.08.20 01:56

© Reuters. A Boeing 737 MAX sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington December 8, 2015. REUTERS/Matt Mills McKnight//File Photo

(Reuters) – Saudi Arabia’s Public Investment Fund is in talks to procure jets from Boeing (NYSE:) 777 and Airbus 350 for a new cargo airline, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The cargo-hauling operation would serve flag-carrier Saudia and startup Riyadh Air, the report said.



Source link

Related Articles

Back to top button