Company Insights Saudia Aviation Saudia News Transport PIF to build aircraft repair and maintenance village The Public Investment Fund (PIF) will develop a one million-square-metre maintenance, repair and overhaul (MRO) village in Saudi Arabia as part of its investment in Saudia Technic, a subsidiary of Saudia Group. The aim is to transform Saudia Technic into a national MRO “champion” by investing in infrastructure, boosting efficiency and capturing market growth in […] December 22, 2023 Dubai Airshow Aviation Supersonic a future option as Riyadh Air builds fleet Riyadh Air, Saudi Arabia’s new flagship airline which is set to start flying in 2025, is still in talks with Boeing over further orders for wide and narrow-bodied aircraft. “We’re in continued negotiation with manufacturers about aircraft,” chief operating officer Peter Bellew said on the sidelines of the Dubai Airshow on Monday. “We’ve ordered 39 […] November 13, 2023 DUBAI AIRSHOW Aviation Riyadh Air positions Saudi as major player in Gulf aviation Gulf airlines are bracing for an escalating challenge from Saudi Arabia’s new global carrier Riyadh Air, which is scheduled for take-off in 2025. The highly hyped airline, whose launch was first revealed by the kingdom in March, is targeting 100 destinations in its first five years. This is a scale of ambition likely to reshape […] November 12, 2023 Aviation Huge expansion planned for Saudi’s Abha airport Abha International Airport in the south-west of Saudi Arabia is to expand to more than six times its current size. The plans, revealed this week by Crown Prince Mohammed bin Salman, will see the terminal area of the airport increased to 65,000 square metres. It includes the construction of passenger boarding bridges, self-service facilities and […] October 13, 2023 Transport Saudi Logistics’ institutional order book hits $49bn The institutional book-building for Saudi Logistics Services Company’s (SAL) initial public offering generated an order book of SAR182.4 billion ($48.63 billion), meaning it was 72 times oversubscribed. The IPO price was finalised top of the range at SAR106 per share, implying a market capitalisation of SAR8.48 billion on listing, the company said in a statement. […] October 6, 2023 Opinion Aviation Middle East-China airline battle means cheap fares Emirates, Saudia, Hainan and Qatar airline services will create a glut in capacity this winter October 5, 2023 Transport Saudia plans first bond issue to fund fleet expansion State-owned Saudi Arabian Airlines (Saudia) is planning its first bond issuance as part of a funding plan to drive its expansion strategy, according to a media report. The airline is evaluating options, Ibrahim Alomar, director general of Saudia, told Bloomberg. He added that the proposed bond size has not been finalised. Saudia aims to increase […] October 5, 2023 Aviation China and Saudi Arabia agree to more direct flights The Saudi Air Connectivity Program (ACP) has signed an agreement with Hainan Airlines to launch two new air routes serving the kingdom and China as the two countries continue to forge closer ties. Flights from Riyadh and Jeddah to Beijing were opened by Saudia in August, providing 165 million people in northern China with direct […] September 26, 2023 Transport Saudi Logistics expects to raise $678m from IPO Saudi Logistics Services Company (SAL) will raise SAR2.54 billion ($678 million) from its initial public offering after disclosing an indicative price range. The price range was set between SAR98 and SAR106 per share, the company said in a statement. The logistics business is 70 percent owned by Saudi Arabian Airlines Corporation (Saudia) and 30 percent […] September 26, 2023 Aviation Saudi airlines issue $15m refunds to passengers Refunds of SAR58 million ($15.5 million) for flight cancellations, delays and loss of luggage have been issued by Saudi airlines over the past two years, it was revealed on Monday. The figures were announced by the General Authority of Civil Aviation (Gaca). Enhanced passenger rights protection regulations, which come into force in November, will result […] September 18, 2023 Posts navigation Previous 1 … 6 7 8 … 12 Next
Transport PIF to build aircraft repair and maintenance village The Public Investment Fund (PIF) will develop a one million-square-metre maintenance, repair and overhaul (MRO) village in Saudi Arabia as part of its investment in Saudia Technic, a subsidiary of Saudia Group. The aim is to transform Saudia Technic into a national MRO “champion” by investing in infrastructure, boosting efficiency and capturing market growth in […] December 22, 2023
Dubai Airshow Aviation Supersonic a future option as Riyadh Air builds fleet Riyadh Air, Saudi Arabia’s new flagship airline which is set to start flying in 2025, is still in talks with Boeing over further orders for wide and narrow-bodied aircraft. “We’re in continued negotiation with manufacturers about aircraft,” chief operating officer Peter Bellew said on the sidelines of the Dubai Airshow on Monday. “We’ve ordered 39 […] November 13, 2023
DUBAI AIRSHOW Aviation Riyadh Air positions Saudi as major player in Gulf aviation Gulf airlines are bracing for an escalating challenge from Saudi Arabia’s new global carrier Riyadh Air, which is scheduled for take-off in 2025. The highly hyped airline, whose launch was first revealed by the kingdom in March, is targeting 100 destinations in its first five years. This is a scale of ambition likely to reshape […] November 12, 2023
Aviation Huge expansion planned for Saudi’s Abha airport Abha International Airport in the south-west of Saudi Arabia is to expand to more than six times its current size. The plans, revealed this week by Crown Prince Mohammed bin Salman, will see the terminal area of the airport increased to 65,000 square metres. It includes the construction of passenger boarding bridges, self-service facilities and […] October 13, 2023
Transport Saudi Logistics’ institutional order book hits $49bn The institutional book-building for Saudi Logistics Services Company’s (SAL) initial public offering generated an order book of SAR182.4 billion ($48.63 billion), meaning it was 72 times oversubscribed. The IPO price was finalised top of the range at SAR106 per share, implying a market capitalisation of SAR8.48 billion on listing, the company said in a statement. […] October 6, 2023
Opinion Aviation Middle East-China airline battle means cheap fares Emirates, Saudia, Hainan and Qatar airline services will create a glut in capacity this winter October 5, 2023
Transport Saudia plans first bond issue to fund fleet expansion State-owned Saudi Arabian Airlines (Saudia) is planning its first bond issuance as part of a funding plan to drive its expansion strategy, according to a media report. The airline is evaluating options, Ibrahim Alomar, director general of Saudia, told Bloomberg. He added that the proposed bond size has not been finalised. Saudia aims to increase […] October 5, 2023
Aviation China and Saudi Arabia agree to more direct flights The Saudi Air Connectivity Program (ACP) has signed an agreement with Hainan Airlines to launch two new air routes serving the kingdom and China as the two countries continue to forge closer ties. Flights from Riyadh and Jeddah to Beijing were opened by Saudia in August, providing 165 million people in northern China with direct […] September 26, 2023
Transport Saudi Logistics expects to raise $678m from IPO Saudi Logistics Services Company (SAL) will raise SAR2.54 billion ($678 million) from its initial public offering after disclosing an indicative price range. The price range was set between SAR98 and SAR106 per share, the company said in a statement. The logistics business is 70 percent owned by Saudi Arabian Airlines Corporation (Saudia) and 30 percent […] September 26, 2023
Aviation Saudi airlines issue $15m refunds to passengers Refunds of SAR58 million ($15.5 million) for flight cancellations, delays and loss of luggage have been issued by Saudi airlines over the past two years, it was revealed on Monday. The figures were announced by the General Authority of Civil Aviation (Gaca). Enhanced passenger rights protection regulations, which come into force in November, will result […] September 18, 2023
