Saudi Arabia Explores Giant Jet Purchase From Airbus, Boeing

Saudi Arabia’s flagship carrier is in early talks with Boeing Co. and Airbus SE for what could be its largest plane purchase yet, as the kingdom commits billions of dollars toward becoming a travel and tourism hub.

Saudia wants to buy at least 150 narrowbody and widebody jets, according to people familiar with the matter. The airline is studying models from both manufacturers and hasn’t decided on types or quantities, said the people, who asked not to be identified because the negotiations are private.