Boeing announced Tuesday that it has agreed to sell 78 787 Dreamliner planes to two Saudi airlines
The planes will be delivered to Saudi Arabian Airlines, or Saudia, and a new airline dubbed Riyadh Air, which was launched by Crown Prince Mohammed
The White House stated that the order is worth over $37 billion, albeit this amount does not include any discounts that airlines typically obtain.
The transaction demonstrates an increase in demand for wide-body aircraft, which are used for long-distance flights and command
Tony Douglas, a longstanding industry veteran and former CEO of Etihad Airlines, will serve as CEO.