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Saudi's Flynas to decide on Boeing vs Airbus order by Ramadan - CEO

Published 2016-04-27, 04:44 a/m
© Reuters. Saudi's Flynas to decide on Boeing vs Airbus order by Ramadan - CEO
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DUBAI, April 27 (Reuters) - Saudi Arabia's Flynas will
decide on whether to order Boeing (NYSE:BA) 737MAXs BA.N or Airbus
320NEOs AIR.PA before the start of the holy month of Ramadan,
the airline's chief executive said on Wednesday.
Paul Byrne told reporters on the sidelines of an industry
event in Dubai that it had decided against a potential order of
Bombardier's CS300 aircraft because the plane had not been flown
by a Middle Eastern carrier in the region's harsh climate.
Caps on fares imposed by the Saudi government would remain
in place for at least the next five years, he said, although
these limits would be eased on an annual basis.
Byrne argued these charges were "unfair" on Flynas as,
unlike flag-carrier Saudi Arabian Airlines, the low-cost carrier
was not subsidised by the state.
Ramadan is due to start in early June.

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