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Stock impact report

Riyadh Air selects CFM LEAP engines for launch of new A321neo fleet [Yahoo! Finance]

SAFRAN SA UNSPON/ ADR (SAFRY) 
NASDAQ:AMEX Investor Relations: safran-group.com/finance/investor-relations
Company Research Source: Yahoo! Finance
DUBAI Nov. 18, 2025 /PRNewswire/ -- Riyadh Air today announced a firm order for 120 CFM International LEAP-1A engines to power 60 Airbus A321neo family aircraft ordered last year. A signing ceremony took place at the Dubai Airshow today between Adam Boukadida, CFO of Riyadh Air and Stéphane Cueille, CEO of Safran Aircraft Engines, and was witnessed by senior executives from Riyadh Air and CFM, including Tony Douglas, CEO of Riyadh Air and Olivier Andriès, CEO of Safran. This major agreement includes spare engines. Adam Boukadida, CFO of Riyadh Air (R) and Stéphane Cueille, CEO of Safran Aircraft Engines (L) at the Dubai Air Show Riyadh Air is a new premium international airline based in Saudi Arabia, whose launch was announced in 2023 as part of the country's initiative to diversify its economy. For its new A321neo fleet, Riyadh Air will benefit from CFM's fuel-efficient LEAP-1A engines that will include the latest high-pressure turbine durability kit. The installed kit aims to i Show less Read more
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