![]() ![]() The Wall Street Journal reported the aircraft deal could be worth $35 billion. "The new national carrier will leverage Saudi Arabia's strategic geographic location between the three continents of Asia, Africa, and Europe, enabling Riyadh to become a gateway to the world and a global destination for transportation, trade, and tourism," the country said in a press release.Īccording to its website, Riyadh Air, which is expected to generate $20 billion in "non-oil GDP growth" and create over 200,000 jobs, is hiring pilots for a Boeing fleet. The space is currently being reimagined as a "mega-airport" with upgraded facilities and infrastructure. Riyadh Air will be in addition to Saudia - the nation's current flag airline based in Jeddah - and will have its hub at Riyadh's King Salman International Airport. ![]() Former Etihad Airways CEO Tony Douglas was appointed CEO of the company, which is wholly owned by the country's Public Investment Fund. On Sunday, Crown Prince Mohammed bin Salman announced Riyadh Air - a new national airline that will connect Saudi Arabia to over 100 destinations across the globe by 2030. Saudi Arabia is not historically known for its beach resorts and rolling landscapes, but the country is hoping to win over global tourists with reformed social laws and a new way to access the kingdom. The country is trying to change its image after generations of historically strict laws. ![]() Riyadh Air will help diversify the kingdom's economy and make it less dependent on oil revenue. Saudi Arabia announced a new airline that will connect its capital city to over 100 destinations worldwide. ![]()
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