Saudi Arabia’s up-and-coming airline, Riyadh Air, announced on Tuesday that it has finalized an order for 60 Airbus A321-family narrowbody jets as it gears up to commence operations in 2025. The announcement was made at the Future Investment Initiative (FII) forum held in Riyadh, where the airline is seeking to position itself as a key player in the kingdom’s ambitious aviation expansion.
With the latest order, Riyadh Air’s total aircraft purchases reach 132 jets, a mix that includes 39 Boeing 787 Dreamliners previously ordered, alongside options for 33 additional Dreamliners. The combined fleet aims to support Riyadh Air’s anticipated launch and long-term growth plans, aligning with Saudi Arabia’s Vision 2030 initiative to become a regional transport hub.
While Riyadh Air has not disclosed the exact financial terms, the 60 A321-family jets are estimated to cost approximately $4 billion after standard industry discounts, according to data from aviation analysis firm Cirium Ascend. This substantial investment underscores the airline’s intent to capture market share both domestically and internationally.
The deal follows a period of speculation about the airline’s procurement strategy. Earlier reports indicated Riyadh Air had considered purchasing up to 100 Boeing 737 MAX jets as its narrowbody aircraft of choice. Riyadh Air initially responded to these reports with caution, stating that it was still in a phase of evaluating potential orders, closely examining the benefits of both Boeing and Airbus models for its operational goals.
The decision to proceed with the A321 family appears to be part of a balanced approach to diversify its fleet capabilities while fulfilling passenger and cargo requirements efficiently. The A321’s capacity, range, and fuel efficiency offer a competitive advantage, enabling Riyadh Air to serve a broad spectrum of routes, from short-haul regional destinations to medium-haul international flights.
Riyadh Air’s CEO, Tony Douglas, a veteran of the airline industry, emphasized the significance of the Airbus partnership in supporting the carrier’s mission. He noted that the A321 order marks an important step in building a fleet that aligns with the airline’s strategy for reliability, efficiency, and sustainability.
Riyadh Air’s strategic fleet expansion comes at a time when Saudi Arabia is actively bolstering its aviation and tourism sectors. By 2030, the kingdom aims to attract 100 million visitors annually and increase air travel capacity by five times. Riyadh Air’s growing fleet is expected to play a pivotal role in achieving these objectives, enhancing connectivity and providing additional options for international travelers.
As Riyadh Air advances its fleet development, the new Airbus jets are expected to facilitate a smooth operational launch in 2025, offering an array of routes and services that cater to the evolving demands of the global travel market.
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