{"id":71320,"date":"2023-06-07T00:00:00","date_gmt":"2023-06-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/07\/riyadh-air-in-talks-for-three-part-acquisition-of-fleet-emirates-air-arabia-plan-to-expand-aircraft-fleet\/"},"modified":"2023-06-07T00:00:00","modified_gmt":"2023-06-07T00:00:00","slug":"riyadh-air-in-talks-for-three-part-acquisition-of-fleet-emirates-air-arabia-plan-to-expand-aircraft-fleet","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/07\/riyadh-air-in-talks-for-three-part-acquisition-of-fleet-emirates-air-arabia-plan-to-expand-aircraft-fleet\/","title":{"rendered":"Riyadh Air in talks for three-part acquisition of fleet + Emirates, Air Arabia plan to expand aircraft fleet"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Saudi Arabia\u2019s Riyadh Air is in talks over its inaugural acquisition of a fleet <\/span><span style=\"font-weight:700\">of jets<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/riyadh-air-competing-airbus-boeing-new-jet-order-ceo-2023-06-05\/\" style=\"\">Reuters<\/a><\/span><span> reports. The recently established airline is in discussions with Airbus and Boeing to acquire a significant number of narrow-body jets, CEO Tony Douglas said, without disclosing an exact number. Boeing could be selling at least 150 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4ab3cbd5-4825-46b6-9cbc-75508eec037c\" style=\"\">737 Max aircrafts<\/a><\/span><span style=\"font-weight:400;\"> to Riyadh Air for an estimated USD 8 bn, as the airline is on the hunt for 300-400 single-aisle jets, according to people familiar with the matter. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ICYMI- <\/span><span>In March, Saudi Arabia announced the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7679f7c9-8590-4aaf-96fa-431c6615ac54\" style=\"\">establishment of Riyadh Air<\/a><\/span><span style=\"font-weight:400;\">, its second national airline, which is set to launch in Riyadh in two years with experienced industry veteran Douglas as its CEO. This announcement coincided with an order of up to 72 Boeing 787s. The move is part of the country\u2019s strategy to expand its air travel services to more than 100 destinations by 2030.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Emirates to expand its aircraft fleet: <\/span><span style=\"\">The<\/span><span style=\"\">UAE\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emirates.com\/eg\/english\/book\/?gclid=CjwKCAjwsvujBhAXEiwA_UXnACxKVzhsurrymvn_-mLQFdK-c4J0MczfiyukELgcYS0U5_zNL_w5iBoC7VgQAvD_BwE&gclsrc=aw.ds\" style=\"\">Emirates<\/a><\/span><span style=\"\"> airline may order more <\/span><span style=\"\">aircraft as the carrier looks to cope with future demand through the 2030\u2019s, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/emirates-looks-placing-new-order-long-haul-jets-2023-06-06\/\" style=\"\">Reuters<\/a><\/span><span style=\"\">qoutes<\/span><span style=\"\"> Emirates President Tim Clark as saying on the sidelines of the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/agm\/agm-2023\/\" style=\"\">IATA Annual General Meeting and World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, yesterday in Istanbul. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The airline is eyeing either the addition of more Airbus \u201cA350s, more Boeing 777-9 and possibly the 787 range<\/span><span style=\"font-weight:400;\">,\u201d Clark added, without disclosing the exact number of aircraft, the newswire reports. The push to add more aircraft to its fleet comes as \u201cthe demand for our services continues to outpace our ability to get the capacity in place,\u201d Clark reportedly said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ICYMI- <\/span><span style=\"\">Emirates also <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a7270764-851f-48ee-b0b5-831d3deb6036\" style=\"\">recently<\/a><\/span><span style=\"\"> expanded its cargo divisions fleet with the addition of two Boeing <\/span><span style=\"\">747-400Fs<\/span><span style=\"font-weight:400;\"> to its freighter fleet as part of plans to double its capacity over the next decade, and has the addition of 15 more freighters by 2025, and 300 more aircraft by mid-2030 in the pipeline.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">OTHER AVIATION NEWS-<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.airarabia.com\/en\" style=\"\">Air Arabia<\/a><\/span><span style=\"font-weight:700\"> also plans to double its fleet capacity in the <\/span><span style=\"font-weight:700\">next year to support Abu Dhabi's growing tourism and aviation needs<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.arabianbusiness.com\/industries\/transport\/air-arabia-to-double-fleet-in-12-months\" style=\"\">Arabian Business<\/a><\/span><span> reports. \u201cAbu Dhabi is an emirate with solid destination appeal and our enhanced fleet size will continue to support the current robust inbound tourism,\u201d CEO of Air Arabia Adel Al Ali said.  <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh Air is in talk over its inaugural acquisition, while Emirates and Air Arabia make plans to expand their fleet<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[177],"tags":[145,17,31,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71320","post","type-post","status-publish","format-standard","hentry","category-aviation","tag-aviation","tag-enterprise-logistics","tag-saudi-arabia","tag-uae","wpautop","entry"],"acf":{"mongo_id":"7b162886-dece-4ff3-bb5c-3f67ae9d6426","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/299.jpg,https:\/\/twitter.com\/emirates\/status\/1664309512260534273\/photo\/1","photo_position":"above","homepage_title":"","full_issue_title":"Riyadh Air in talks for three-part acquisition of fleet + Emirates, Air Arabia plan to expand aircraft fleet","related_issue":[71313],"teaser":"Riyadh Air is in talk over its inaugural acquisition, while Emirates and Air Arabia make plans to expand their fleet","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.caf703ad-687d-4b01-96eb-8a2deaac9cfe.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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