Saudia is the national carrier for the Kingdom of Saudi Arabia. Known for its stellar services, soon it plans to expand its operations. This holds true as recently, it was announced that the Saudia Group has signed a binding contract with Lilium, an air taxi developer from Germany. The deal is to buy 50 Electronic Vertical Takeoff and Landing Jets and it also includes an option to buy another 50 jets. Here’s all about it!Saudia aims to enhance its aviation and tourism sector and how! Yes, Saudia Group and Lilium N.V., which is a leading aircraft manufacturer, signed a binding sales agreement. The signature ceremony was held at headquarters in Munich. The binding contract was signed by Fahd Al-Jarbou, CEO of Saudia Private representing the Saudia Group and Klaus Roewe, Lilium CEO. Several distinguished guests were also present at the important meeting.
This sales agreement comes after a memorandum of understanding between the two groups was signed back in the year 2022. It’s worth mentioning that the Saudia Group is expected to receive the first jets in 2026. In fact, the operations are to be managed and run by Saudia Private, which is one of the subsidiaries for elite travellers.
