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Saudi Arabia unveils new national airline, Riyadh Air
Saudi Arabia officially unveiled a new national airline.
Riyadh Air will be led by CEO Tony Douglas, an ex-Etihad executive, and is wholly owned by sovereign wealth fund PIF.
The Saudi airline hopes to operate to more than 100 destinations by 2030.
Riyadh Air will generate up to $20 billion for Saudi Arabia’s non-oil GDP growth through tourism and trade, state news agency SPA said.
The airline will be based at Riyadh’s King Khalid International Airport.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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