Saudi Fund eyes Boeing, Airbus jets for new cargo airline, Bloomberg News reports
1:51 am Tuesday, August 20th, 2024
(Reuters) – Saudi Arabia’s Public Investment Fund is in talks to procure jets from Boeing 777 and Airbus 350 for a new cargo airline, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The cargo-hauling operation would serve flag-carrier Saudia and startup Riyadh Air, the report said.
(Reporting by Harshita Meenaktshi in Bengaluru; Editing by Nivedita Bhattacharjee)
