Boeing Works to Win Another Saudi Deal, This Time for 737 Max
- Deal would be second with startup Riyadh Air after March win
- Airbus is limited by lack of available slots for its A321 jets
Instrumentation panels in the cockpit of a Boeing 737 Max aircraft.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Boeing Co. is working to land its second major deal in Saudi Arabia this year, with the US planemaker in talks to sell at least 150 of its 737 Max jetliners to startup Riyadh Air, according to people familiar with the matter.
The new carrier, owned by Saudi Arabia’s sovereign wealth fund, is shopping for about 300 to 400 single-aisle jets in total, including options, said the people, who asked not to be identified since the discussions are private. Talks are complicated, with timing and structure still in flux, and Airbus SE could also claim a portion of the order, some of the people cautioned.