According to Bloomberg, Airbus is looking to Saudi Arabia as a new source of titanium supply. Saudi Arabian Airlines Group signed a contract worth 2.5 billion Saudi riyals (approximately 585 million euros) on April 23, confirming an order for 20 A330neo passenger aircraft (including 10 firm orders and 10 optional orders). Meanwhile, its low-cost carrier, flyadeal, also announced an order for 10 A330-900neo aircraft to expand its international routes. The agreement also includes provisions for titanium resource cooperation, signaling an elevated status for Middle Eastern countries in the aviation industry chain.