Saudia considers bond sale to fund new aircraft orders: Official

State-owned airline Saudia is considering options to fund new aircraft orders, including a debut bond sale, Director General Ibrahim Al-Omar said in an interview with Bloomberg.

“We will go out to the market, we are evaluating the options,” Al-Omar said. "The potential size of the funding is still being considered,” he added.

The official also indicated that the flagship airline may unveil new aircraft orders next year, highlighting that the company already has financing in place to cover its needs until mid-2024.