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GuruFocus.com
Your Portfolio Is a Garden. Weed It
May is a good time to weed out your portfolio
Associated Press Finance
Saudi Arabia's national carrier orders more than 100 new Airbus jets as it ramps up tourism push
Saudi Arabia's national airline ordered more than 100 new Airbus jets, a reflection of the kingdom's ambitious drive to lure more tourists. Saudia Group, which represents the Saudia airline and its budget carrier Flyadeal, said Monday that it ordered 105 aircraft from the French aerospace company's A320neo family of jets, including 12 A320neos and 93 A321neos.
CNN Business
Saudi Arabia’s biggest-ever plane order isn’t going to Boeing
Saudi Arabia’s national airline has placed an order for 105 Airbus airplanes in the largest-ever deal in the country’s aviation history — another win for troubled Boeing’s European rival.