Bloomberg News reported Sunday that Boeing Co (BA.N) is negotiating to sell at least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air.
According to sources, the new carrier, completely controlled by Saudi Arabia’s Public Investment Fund (PIF), is seeking 300 to 400 single-aisle jets. The paper also included Airbus SE (AIR.PA).
Boeing, Riyadh Air, and PIF did not immediately comment to Reuters.
Saudia and Riyadh Air previously ordered 78 Boeing 787 Dreamliners, Boeing’s fifth-largest retail order by value.
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