Riyadh Air, Saudi Arabia’s new international airline, has signed an agreement to acquire 60 A321neo aircraft from Airbus. The announcement was made during the Future Investment Initiative (FII) in Riyadh, attended by Yasir Al-Rumayyan, Governor of the Public Investment Fund...
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Riyadh Air, Saudi Arabia’s new international airline, has signed an agreement to acquire 60 A321neo aircraft from Airbus. The announcement was made during the Future Investment Initiative (FII) in Riyadh, attended by Yasir Al-Rumayyan, Governor of the Public Investment Fund and Chairman of Riyadh Air; Tony Douglas, CEO of Riyadh Air; Christian Scherer, CEO of Commercial Aircraft at Airbus; and Benoit de Saint-Exupery, Executive Vice President Sales at Airbus.
Riyadh Air CEO Tony Douglas described the investment as a means to support growth in the aviation sector and noted the significance of the fleet’s fuel efficiency. “This investment will not only enable us to support economic growth in the aviation industry, it will ensure Riyadh Air operates one of the most fuel efficient fleets. It’ll be instrumental in helping Saudi Arabia achieve its decarbonisation goals,” he said. He added that the order “strongly reinforces the positive economic impact of Saudi Arabia’s newest airline on both a global and local scale to facilitate the fast-growing Saudi aviation ecosystem.”
Christian Scherer, CEO of Commercial Aircraft at Airbus said: “We are proud to welcome Riyadh Air as a new Airbus customer and partner. The latest generation A321neo aircraft will bring exceptional efficiency to the airline's operations, concrete contributions to its decarbonisation goals and comfort to its passengers. We look forward to working together to support the strong ambitions of Saudi aviation."
The A321neo, the largest model in Airbus’s A320neo family, is designed to offer improved fuel efficiency, with over 20% savings on fuel and CO₂ emissions compared to earlier single-aisle aircraft, and reduced noise by 50%. The model is popular worldwide, with more than 6,700 units ordered by over 90 customers.
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