Saudi sovereign wealth fund near $35 billion deal for Boeing jets, WSJ says – Reuters.com
- Date: 12-Mar-2023
- Source: Reuters
- Sector:Financial Services
- Country:Saudi Arabia
Saudi sovereign wealth fund near $35 billion deal for Boeing jets, WSJ says – Reuters.com
March 11 (Reuters) - Saudi Arabia's Public Investment Fund (PIF) is close to a deal to order Boeing commercial jets for the fleet of a new national airline, the Wall Street Journal reported on Saturday, citing people familiar with the matter.
The aircraft order is valued at $35 billion, the report said, adding that the deal could be announced as soon as Sunday during an official launch of the national airline.
The deal includes wide-body jets which are often used for long international flights, the report added.