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And now for some good news
Boeing (BA) has landed a big deal with Saudi Arabia.
As Yahoo Finance first reported Tuesday, the aerospace giant has secured an order for up to 121 787s from two Saudi Arabian airlines — state-owned Saudi Arabian Airlines and new national player Riyadh Air. A total of 78 planes are considered firm orders, while 43 are options to purchase more.
Of the 121 orders, 72 are from Riyadh Air. Based on the list price for the 787 of about $338 million, the deal could be worth up to an estimated $40 billion.
Boeing (BA) has landed a big deal with Saudi Arabia.
As Yahoo Finance first reported Tuesday, the aerospace giant has secured an order for up to 121 787s from two Saudi Arabian airlines — state-owned Saudi Arabian Airlines and new national player Riyadh Air. A total of 78 planes are considered firm orders, while 43 are options to purchase more.
Of the 121 orders, 72 are from Riyadh Air. Based on the list price for the 787 of about $338 million, the deal could be worth up to an estimated $40 billion.