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Saudi Arabia to buy 121 Boeing-787s in ‘historic’ $37 billion deal

The agreements make up the fifth-largest commercial order by value in Boeing’s history and is valued at nearly $37 billion. 
The exterior of a 787 Dreamliner at the Boeing manufacturing facility in North Charleston, on December 13, 2022. - Betting on robust demand for international travel, United Airlines on Tuesday unveiled an order of 100 new Boeing 787 Dreamliners with options for an additional 100 jets. (Photo by Logan Cyrus / AFP) (Photo by LOGAN CYRUS/AFP via Getty Images)

DUBAI — Saudi Arabia announced on Tuesday two agreements to purchase up to 121 Boeing-787s known as Dreamliners to be used in part by the kingdom’s newly announced second national airline, Riyadh Air.

The White House hailed the deal as "historic." "This partnership is another milestone in eight decades of cooperation between Saudi Arabia and American industry. Our administration looks forward to working with Saudi Arabia and all partners in the Middle East to support a more prosperous, secure and integrated region, which ultimately benefits the American people," White House Press Secretary Karine Jean-Pierre said in a statement. 

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