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Riyadh Air News

Flyadeal Saudi airline Video length: 02:33

Saudi low-cost airline budgets for expansion

Saudi Arabia’s Flyadeal is set to add four new aircraft to its fleet this year as it realises its international ambitions. The budget carrier, owned by Saudia, the kingdom’s flagship operator, was launched in 2017 to serve the domestic market and is now the second largest operator in the country behind Saudia. Flyadeal launched international […]

Qatar Airways CEO Akbar Al Baker told reporters that regulators were holding up aeroplane deliveries Video length: 02:33

Qatar Airways CEO plays down threat of competition

The CEO of Qatar Airways has said he is “very excited” by the growth of Saudi Arabia’s aviation industry, despite the prospect of tougher competition as regional airline capacity increases. “We will co-operate with them, we will support them, because we feel that relationships matter and there is a lot of business to go around […]

Aircraft, Airliner, Airplane

Saudi Arabia’s wealth fund in talks to buy stake in Flynas 

Saudi Arabia’s Public Investment Fund (PIF) is in talks to buy a stake in Flynas, a Riyadh-headquartered low-cost carrier, Bloomberg reported, citing informed sources. Goldman Sachs Group is advising shareholders on the potential sale to the sovereign fund.  The airline is partly owned by Prince Alwaleed bin Talal’s Kingdom Holding Co., in which PIF purchased […]

The Mena aviation sector needs more baggage handlers, mechanics and pilots Video length: 03:07

Labour woes and debt clip the wings of Mena aviation

Labour shortages, high interest rates and sustainability challenges are the most pressing concerns facing both the global and Mena aviation sectors in the post-pandemic environment, says Hugo Santo, partner at McKinsey and Co. Travel trade body the International Air Transport Association recently reported that total traffic in February 2023 rose 55.5 percent year-on-year, and Middle […]

Saudia Saudi Arabian Airlines

Saudia plans to add 56 new weekly flights

State-owned Saudi Arabian Airlines (Saudia) plans to add 56 weekly flights to 14 global destinations by the summer as it continues to ramp up operations. Under the expansion, the national flag carrier of the kingdom will serve cities across Thailand, China, South Korea, Indonesia, Singapore and Europe in the latest addition to its scheduling. It […]

Aircraft, Airplane, Transportation

Saudi reports 20% rise in aviation-related firms

Saudi Arabia reported a 20 percent increase in the number of companies involved in its aviation industry last year. Figures in the Air Transport Statistics Publication (ATSP) from the kingdom’s General Authority for Statistics show that there were 1,443 businesses operating across the sector. These included companies covering air transport of goods and passengers, cargo […]

Aircraft, Airplane, Transportation

Saudi Arabia launches second new airline

Saudi Arabia has announced its second new airline in a matter of weeks with the launch of Neom Airlines. The carrier will solely serve the $500 billion Neom city in the north west of the kingdom. The first flights for tourists, residents and commercial partners are scheduled to take off in the fourth quarter of […]