RIYADH: Saudi Arabian budget airline flyadeal will operate an all Airbus A320 fleet in the future, it said in a statement on Sunday, months after it announced it was reconsidering a Boeing order.
The airline is to take delivery from 2021 of 30 A320neo jets that were ordered by its parent, state-owned Saudi Arabian Airlines, at the Paris Air Show in June, it said in the statement.
“This order will result in flyadeal operating an all- Airbus A320 fleet in the future,” it said.
The status of the Boeing order was not immediately clear. Flyadeal and Boeing did not immediately respond to emailed requests for comment.
Flyadeal Chief Executive Con Korfiatis said in April a decision on whether it would proceed with an order for 30 Boeing 737 MAX jets was “imminent.” It was reconsidering the order after two MAX aircraft fatally crashed in Ethiopia in March and Indonesia in October.
The order, which included additional purchasing options for 20 MAX jets, was worth $5.9 billion at list prices, according to Boeing.
The two disasters killed a total of 346 people, triggered the global grounding of the aircraft and wiped billions off Boeing’s market value.
The 737 MAX was grounded worldwide after the second crash and regulators must approve the fix and new pilot training before the jets can fly again.
Saudi airline flyadeal picks Airbus jets over grounded Boeing MAX
Saudi airline flyadeal picks Airbus jets over grounded Boeing MAX
- The airline is to take delivery from 2021 of 30 A320neo jets that were ordered by its parent at the Paris Air Show
- “This order will result in flyadeal operating an all- Airbus A320 fleet in the future,” flyadeal said
Egypt-born Dina Powell McCormick appointed Meta president and vice chairman
- The former Goldman Sachs partner and White House official previously served on Meta’s board of directors
- Powell McCormick, who was born in Cairo and moved to the US as a child, joins the management team and will help guide overall strategy and execution
LONDON: Meta has appointed Egypt-born Dina Powell McCormick as its new president and vice chairman.
The company said on Monday that the former Goldman Sachs partner and White House official, who previously served on Meta’s board of directors, is stepping up into a senior leadership role as the company accelerates its push into artificial intelligence and global infrastructure.
Powell McCormick, who was born in Cairo and moved to the US as a young girl, will join the management team and help guide its overall strategy and execution. She will work closely with Meta’s Compute and infrastructure teams, the company said, overseeing multi-billion-dollar investments in data centers, energy systems and global connectivity, while building new strategic capital partnerships.
“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company’s president and vice chairman,” Meta founder and CEO Mark Zuckerberg said.
Powell McCormick has more than 25 years of experience in finance, national security and economic development. She spent 16 years as a partner at Goldman Sachs in senior leadership roles, and served two US presidents, including stints as deputy national security adviser to Donald Trump, and a senior State Department official under George W. Bush.
Most recently, she was vice chair and president of global client services at merchant bank BDT & MSD Partners.
