11.56 PM Thursday, 30 November 2023
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 05:24 06:42 12:10 15:09 17:32 18:50
30 November 2023

Saudia signs $300m deal with GE Aviation

By Staff Writer

Saudi Arabian Airlines said yesterday it has signed a $300 million (Dh1,102m) 10-year materials agreement with GE Aviation Services.

As a part of the deal, Saudia will use parts made by CFM International, a unit of GE, in the maintenance and overhaul of its entire fleet of 100 purchased and leased CFM56-5B engines powering its Airbus A320 fleet, it said in an e-mailed statement.

The Saudi Arabian carrier recently formalised the agreement to purchase 22 aircraft with plans of leasing an additional 28 CFM56-5B-powered A320 aircraft, it said in a statement.

The airline is scheduled to receive its first aircraft in the third quarter of this year, with deliveries continuing through to late 2012.