In the first quarter of this year, Airbus SE delivered 136 commercial aircraft, allowing the company to eclipse its American rival Boeing Co. This achievement was made possible by an increase in delivery rates in March when 71 planes were dispatched.
Korean Air has taken a significant step in strengthening its position in the global market by signing contracts with Boeing Co. and General Electric Co. for the acquisition of new airplanes and engines. Following its successful acquisition of Asiana Airlines Inc., Korean Air has entered the top ten largest airlines in the world, making these new investments particularly important for future growth and development.
As part of Saudi Arabia's ambitious plans to position itself as a global aviation and tourism hub, Riyadh Air is making decisive moves to expand its fleet. The airline is in active negotiations with two aviation industry giants, Boeing Co. $BA and Airbus SE $AIR.DE. The plans involve ordering an additional 50 wide-body aircraft, marking a significant step forward for both the company and the regional aviation sector.