Saudi Arabian Airlines (SAA) said it has taken delivery of the last of 61 Boeing aircraft ordered in a $7.6 billion deal.
The director general of the state-owned airline, Khaled Ben-Bakr, said the last jet was a Boeing 777-200.
He said the airline had received five 747s, 29 MD-9s, 23 777-200s and four MD-11s since 1997.
Saudi Arabia last October awarded two contracts to international consultants to prepare studies for privatising the airline.
The airline said it expected the privatisation to be completed within 17 months.
Saudi Arabia has said its existing fleet would meet the airline's needs for the next 10 years.
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