Stock Markets July 13, 2026 02:03 PM

Riyadh Air weighing conversion of most Boeing 787 options, may firm up Airbus slots

Carrier considering exercising options for about 25-30 additional Dreamliners and possibly confirming further A350-1000 purchases ahead of Farnborough

By Leila Farooq
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BA AIR

Saudi startup Riyadh Air is evaluating a move to convert the majority of its outstanding options with Boeing into firm orders for roughly 25-30 more 787 Dreamliners and is also exploring converting some Airbus A350-1000 options into confirmed deliveries. Industry sources say an announcement could be made around next week’s Farnborough Airshow, though negotiations remain ongoing and both manufacturers and the carrier have declined to comment.

Riyadh Air weighing conversion of most Boeing 787 options, may firm up Airbus slots
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Key Points

  • Riyadh Air is considering exercising most of its options with Boeing to buy roughly 25-30 additional 787 Dreamliners, based on industry sources.
  • The carrier originally ordered up to 72 Dreamliners in 2023, consisting of 39 confirmed orders and options for 33 more.
  • Riyadh Air also holds an order for 25 Airbus A350-1000s plus options for another 25, and some of those Airbus options may be converted into firm orders.

Riyadh Air is assessing whether to exercise most of its contractual options with Boeing to secure an additional 25-30 787 Dreamliners, industry sources said. The potential move would convert a substantial portion of the carrier’s outstanding Boeing options into confirmed purchases, industry participants added, while discussions over the final details are continuing.

The Saudi startup, which last month operated its first commercial revenue flight, originally placed an agreement in 2023 that could encompass up to 72 Boeing 787s. That deal comprised 39 aircraft ordered outright and options on a further 33. Sources familiar with the matter said Riyadh Air is studying the conversion of the bulk of those options into firm orders.

Those sources indicated that a formal announcement could arrive as early as next week’s Farnborough Airshow, although they stressed the terms were still being negotiated and not yet finalized. Both Riyadh Air and Boeing declined to comment on the reports.

In addition to its Boeing commitments, Riyadh Air has an order book with Airbus that includes 25 A350-1000 long-haul jets and options for another 25. Industry contacts said some of those Airbus options may also be converted into firm commitments, a development that would further expand Riyadh Air’s long-haul fleet plans. Airbus declined to comment.

The discussions reported by industry sources do not yet represent confirmed transactions. They reflect ongoing commercial talks between the carrier and the planemakers, with timing and volumes subject to change as negotiations continue. Any public confirmation would clarify how Riyadh Air intends to balance its Boeing and Airbus programmes as it expands operations.

Risks

  • Negotiations are ongoing and details are still being discussed, so planned conversions of options may not be finalized - this affects aerospace manufacturers and airline fleet planning.
  • No public confirmation has been issued and both Riyadh Air and the manufacturers declined to comment, leaving timing and scale uncertain - this introduces market and execution uncertainty for aircraft suppliers and investors.
  • If conversions do not proceed as suggested, Riyadh Air’s fleet expansion timeline could shift, affecting long-haul capacity plans and related supply-chain and financing arrangements in the aviation sector.

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