Kuwaiti private airline Jazeera Airways has placed orders for 28 passenger jets with Airbus for a value put at $3.4 billion, reports say.
The board of directors of the airline, local media Al Rai reported, citing a disclosure published on the Kuwait Stock Exchange website, has approved the deal.
The jets include 20 A320neos and eight A321neos.
The company also agreed to purchase two aircraft engines, CFM LEAP1-A26 spare engines, with an accumulated worth of $32.3 billion, aimed at aiding operations.
Both agreements, the airline further notes, will bring a positive impact on the corporation in the medium and long term.
Last year, the company announced plans to acquire new aircraft which will be used for the airline’s expansion in the Middle East and mainland Europe, Rohit Ramachandran added.