Airbus SE won an order for as many as 50 widebody jets from Saudi Arabia’s new carrier, as the kingdom pours billions of dollars into turning the country into an aviation and tourism hub.

EADSY lands a major deal with Riyadh Air for 25 A350-1000 jets, reinforcing global demand for its fuel-efficient aircraft.

Airbus has landed another major widebody order from Saudi Arabia at the Paris Air Show. The newly launched Riyadh Air placed a firm order for 25 A350-1000 aircraft. The agreement includes options for an additional 25 jets,