Saudia Group has signed for up to 20 Airbus A330neo twinjets, with the 10 firm aircraft being allocated to budget arm Flyadeal.
The company, the parent of flag-carrier Saudia, says it will take the aircraft over the period 2027-29.
Saudia Group says the agreement builds on previous order with Airbus last year for 105 jets.
All A330neos are powered by Rolls-Royce Trent 7000 engines.
Flyadeal had disclosed earlier this year that it had selected the A330neo, having also considered the Boeing 787 and 777-300ER.
Saudia Group director general Ibrahim Al-Omar says the agreement is a ”pivotal milestone” in its strategy to modernise and expand its fleet. The group has 194 aircraft with a further 191 scheduled for delivery.
