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Sources say that Saudi companies will place orders for Airbus jets in the dozens, according to sources

Industry sources have said that Saudi Arabia will place orders worth billions of dollars for Airbus jets in order to balance its suppliers and match the growth of Gulf neighbours' aviation.

They said that the leasing company AviLease could place a similar order for Airbus A320neo aircraft at next month's Paris Airshow. The company placed an order of 30 Boeing 737 MAX during a recent visit by U.S. president Donald Trump to the region.

They added that the fast-growing firm, which wants to become one of the top lessors in the world, could also be interested in Airbus A350 Freighters.

They said that if there is no problem with the negotiations, Riyadh Air, a startup airline, will likely choose Airbus A350 instead of Boeing's delayed Boeing 777X.

Bloomberg reported earlier that the possible Riyadh A350 deal could also involve 50 jets. It would be announced at a trade show this year.

Airbus declined comment. AviLease wasn't immediately available.

Riyadh Air confirmed that it is studying an order for wide-body large planes. A spokesperson said that a decision would be made within the next few months. (Reporting by Tim Hepher, Allison Lampert and Elaine Hardcastle; Editing by Elaine Hardcastle).

(source: Reuters)