Metropolitan Capital Real Estate expects Yas Island to account for 40% of all handovers
business1 day ago
Saudi startup Riyadh Air said on Tuesday it had ordered 60 Airbus narrowbody A321-family jets as it prepares to start operations in 2025.
The deal, signed at the Future Investment Initiative forum in Riyadh, brings to 132 the total number of jets ordered by Saudi Arabia's newest carrier, which last year ordered 39 Boeing 787 Dreamliners with options for 33 more.
The A321 deal would be worth around $4 billion after typical discounts, based on estimated delivery prices from Cirium Ascend.
It follows months of speculation about the order after a report that it had chosen at least 100 Boeing 737 MAX aircraft.
The airline had cautioned that it was in the midst of a sequence of potential orders and that it was studying both Boeing and Airbus for the next narrowbody purchase.
ALSO READ:
Metropolitan Capital Real Estate expects Yas Island to account for 40% of all handovers
business1 day ago
Saleh Tabakh crowned “youngest independent property developer” at Fashion Factor season 9
business1 day ago
Adjusted Ebitda rises 9% YoY to $646 million in Q3
business1 day ago
Regulator has asked lenders to fix gaps in accounting for these loans
business1 day ago
Revenues for 2025-2027 are expected to exceed expenditures by about Dh30 billion
business1 day ago
The IPO will open for subscription from November 6 to 8, the company's red herring prospectus showed
business1 day ago
Spot gold was trading at $2,756.48 per ounce, up 0.5 per cent at 9.15 am UAE time
business1 day ago
Group’s total contribution to UAE non-oil economy was an estimated Dh150.6 billion at current prices, equivalent to 11.6% in 2022
business2 days ago