Summary
- Saudia, Saudi Arabia’s national airline, made a historic $19 billion deal for 105 Airbus planes, the largest purchase in its history.
- The deal is part of Saudia’s strategy to attract 150 million tourists annually by 2030 and diversify the Saudi economy beyond oil.
- The purchase will support around 100,000 jobs in the U.S. and involve over 300 suppliers in 38 countries, impacting international manufacturing and supply chains.
- Aligned with Saudi Vision 2030, the deal aims to transform the kingdom into a thriving society with a diversified economy and enhanced global connectivity.
