Two Saudi Arabian airlines said Tuesday they will order 78 jetliners from Boeing and take options to buy 43 more in a major boost for the American aircraft manufacturer.
The order for Boeing 787s will be divided between Saudi Arabiaā€™s flag carrier, Saudia, and a planned new airline called Riyadh Air, which Saudi officials introduced over the weekend.
At list prices, the combined deal would be worth about $37 billion if the options are exercised, but airlines routinely get deep discounts. Terms of the deal were not disclosed.
Relatively high oil prices have boosted Saudi Arabiaā€™s economy and government, making it easier for the kingdom to close a multi-billion-dollar jet order.
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