MIDDLE EAST: Saudi signs deals for A320 fleet
Saudi Arabian Airlines has signed two US$300 million deals for its new fleet of 50 Airbus A320s. The first is an exclusive 10-year materials agreement GE Aviation Services. This contract means Saudi Arabian Airlines will use only CFM parts in the maintenance ofits A320 fleet. Saudi Arabian Airlines concurrently signed the final US$300 million agreement […]
March 1, 2009
Saudi Arabian Airlines concurrently signed the final US$300 million agreement for 22 new A320s, the purchase of which was announced at Farnborough last year. The carrier also will lease 28 CFM56-5B-powered A320s and plans to take delivery of the first one later this year. Deliveries are scheduled through 2012.