Company Insights Riyadh Air Aviation Riyadh Air News Video length: 02:33 Aviation 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 […] May 2, 2023 Video length: 02:33 Aviation 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 […] May 2, 2023 Tourism 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 […] April 28, 2023 Opinion Aviation The aviation sector is due for a cull The regional airline market is saturated. It's time for consolidation and a strategic rethink April 25, 2023 Video length: 03:07 Video Aviation 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 […] April 12, 2023 Aviation 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 […] April 11, 2023 Aviation 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 […] April 7, 2023 Opinion Aviation Low-cost, not full-price, airlines will fuel the Gulf’s aviation boom The Middle East's aviation industry is ripe for the picking March 29, 2023 Aviation 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 […] March 23, 2023 Opinion Aviation Challenges faced by Riyadh Air as aviation’s bold, new disruptor Assessing the risks of launching a new, international airline in the current market March 16, 2023 Posts navigation Previous 1 … 10 11 12 Next
Video length: 02:33 Aviation 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 […] May 2, 2023
Video length: 02:33 Aviation 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 […] May 2, 2023
Tourism 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 […] April 28, 2023
Opinion Aviation The aviation sector is due for a cull The regional airline market is saturated. It's time for consolidation and a strategic rethink April 25, 2023
Video length: 03:07 Video Aviation 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 […] April 12, 2023
Aviation 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 […] April 11, 2023
Aviation 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 […] April 7, 2023
Opinion Aviation Low-cost, not full-price, airlines will fuel the Gulf’s aviation boom The Middle East's aviation industry is ripe for the picking March 29, 2023
Aviation 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 […] March 23, 2023
Opinion Aviation Challenges faced by Riyadh Air as aviation’s bold, new disruptor Assessing the risks of launching a new, international airline in the current market March 16, 2023