Airlines

Saudi Arabian Airlines signs deal with CFM International worth $8.5 billion

Key Points
  • Saudi Arabian Airlines strikes deal with CFM International worth $8.5 billion.
  • The state-owned carrier has ordered CFM International LEAP-1A engines to power its new fleet of Airbus aircrafts.
Boeing 787 Dreamliner Saudi Arabian. Aircraft to Fiumicino Leonardo da Vinci Airport. Fiumicino (Italia), Nov. 11, 2021
Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty Images

Saudi Arabian Airlines has signed an agreement with CFM International worth $8.5 billion at list prices, the carrier said in a statement on Saturday.

The state-owned carrier, also known as Saudia, said "it has ordered CFM International LEAP-1A engines to power its new fleet of 35 Airbus A321neo and 30 A320neo aircraft."