Saudi Arabian Airlines orders 50 Airbus worth US$8 billion

Saudi Arabian Airlines orders 50 Airbus worth US$8 billion
Photo of a Cathay Pacific's Airbus plane

LE BOURGET, France - Saudi Arabian Airlines has ordered 50 passenger planes from Airbus with a total catalogue value of some US$8.0 billion (7.1 billion euros), the aviation giant announced Monday at the Paris Air Show.

The order consists of 20 Airbus A330-300 Regionals and 30 A320ceos, Airbus said, adding that the Saudi flagship airline would be the first to fly the Regionals.

The medium-haul plane, which can carry 400 passengers and has a range of 5,000 kilometres (3,000 miles), will allow the airline to increase capacity on its most popular regional routes, Airbus said in a statement.

The plane "is Airbus's solution for markets with large populations and fast-growing, concentrated air traffic flows," it said.

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