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Saudia signs MoU with French bank to finance new Airbus jets

Summary by aerotime.aero
Saudia Group has signed a memorandum of understanding (MoU) in Paris, France, to explore and arrange financing solutions to acquire new Airbus aircraft. On August 25, 2026, a statement said the agreement was part of three-way signing between Saudia, Saudi Export-Import Bank and Crédit Agricole CIB, the corporate and investment Banking arm of Crédit Agricole Group. The agreement was signed on the sidelines at the French-Saudi Investment Roundtabl…

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The Saudia Group has signed a Memorandum of Understanding in Paris with Saudi EXIM Bank and Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) in order to prepare the financing of future Airbus aircraft. This arrangement, which is still non-binding and without announced amounts, must accompany the rise of the Saudi Group's fleet, as part of its strategy of international expansion and the Vision 2030 of the Kingdom. Saudia prepar…

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aerotime.aero broke the news on Wednesday, August 26, 2026.
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