{"id":29534,"date":"2023-03-12T14:51:30","date_gmt":"2023-03-12T09:21:30","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=29534"},"modified":"2023-03-12T14:51:32","modified_gmt":"2023-03-12T09:21:32","slug":"a-35-billion-agreement-for-boeing-jets-is-close-with-the-saudi-sovereign-wealth-fund","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2023\/03\/12\/a-35-billion-agreement-for-boeing-jets-is-close-with-the-saudi-sovereign-wealth-fund\/","title":{"rendered":"A $35 billion agreement for Boeing jets is close with the Saudi sovereign wealth fund"},"content":{"rendered":"\n

Several Boeing Co. commercial jets that will be used in the fleet of a future national airline will soon be purchased by Saudi Arabia’s Public Investment Fund, according to people familiar with the situation.<\/strong><\/p>\n\n\n\n

Saudi sovereign-wealth fund<\/h2>\n\n\n\n

Although the time is still uncertain, several of the people said, the Saudi sovereign-wealth fund<\/a><\/strong> is anticipated to announce the agreement as soon as Sunday during an official debut of the airline.<\/p>\n\n\n\n

According to some of the sources, the Boeing aircraft order is valued at $35 billion. Wide-body planes, which are frequently used for long-distance international travel, are anticipated to be included in the mix, according to those with knowledge of the deal. Agreements for new airplanes might fall through even when they are well into the process.<\/p>\n\n\n\n

\"\"
Boeing | Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n

Boeing and Airbus<\/h2>\n\n\n\n

Those with knowledge of the situation stated that Boeing and Airbus SE have been vying for the Saudi contract for months. Some of the parties engaged in the deal claim that the aircraft order will result in the creation or maintenance of tens of thousands of jobs in the United States.<\/p>\n\n\n\n

Those familiar with the competition predict that a prospective Saudi procurement may include up to 100 airplanes or more. Deals on aircraft may include orders that have already been confirmed with future expansion rights.<\/p>\n\n\n\n

Also, read <\/strong><\/p>\n\n\n\n