Saudi's flynas orders 80 Airbus A320neos, including upgrade
Reuters
Published Jan 16, 2017 05:23AM ET
Saudi's flynas orders 80 Airbus A320neos, including upgrade
RIYADH/DUBAI (Reuters) - Saudi Arabian budget carrier flynas is buying 80 Airbus (PA:AIR) A320neo narrow body jets in a deal worth $8.6 billion that includes upgrading an earlier order, it said on Monday.
The airline has placed a new order for 60 A320neos and upgraded an existing order for 20 current model A320s to neos, an Airbus spokesperson confirmed.
The agreement includes purchasing options for a further 40 A320neo jets, flynas said in a statement.
Flynas shareholder Kingdom Holding (HK:0528) said on Jan. 11 the carrier had agreed to an $8.6 bln order with Airbus.
Reuters reported on Jan. 10 flynas and Airbus had reached an agreement for an order of over 60 A320neos.
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Written By: Reuters
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