DUBAI - State-owned Saudi Arabian Airlines (Saudia) has signed a financing agreement worth 11.2 billion riyal ($3 billion) to partially finance requirements for aircraft it has ordered, the state airline said in a statement on Thursday.
The amount covers the airline's aircraft financing requirements until mid-2024, helping finance the purchases of 73 aircraft, previously ordered, it said in a statement.
Saudia has ordered Airbus AIR.PA A320neo, A321neo, A321XLR, and Boeing BA.N 787-10 jets. ($1 = 3.7505 riyals)
(Writing by Alexander Cornwell; editing by Jonathan Oatis) ((Alexander.Cornwell@thomsonreuters.com;))