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Another day, another Dreamliner sale
Boeing just got a shiny new vote of confidence from Riyadh Air. The Saudi carrier said it will exercise options for 28 more 787 Dreamliners from its 2023 order, while also converting 20 of those options into the larger 787-10 variant.
Why investors care
For Boeing, this is the kind of headline that doesn’t scream fireworks, but it does matter. A bigger backlog means more visibility, more plane-building runway, and a little less hand-wringing about whether the commercial jet business is actually gaining altitude again.
Riyadh Air has already taken delivery of six 787-9s and says it currently serves six cities. The airline is also still talking big, with plans to fly to more than 100 global destinations by 2030. That’s not exactly a weekend trip to Palm Springs — it’s a giant growth story that keeps the 787 at the center of the map.
The bigger picture
The deal also shows how airlines are still leaning on long-haul, next-gen widebodies to build out international networks. In plain English: if you’re Boeing, a headline like this is less “moonshot” and more “keep the factory line warm.” Big picture: orders like this help Boeing keep its commercial aircraft narrative pointed in the right direction, even if execution still has to do the heavy lifting.