Riyadh Air will connect the Saudi capital to more than 100 global destinations
Saudi Arabia’s Crown Prince Mohammad bin Salman bin Abdulaziz, prime minister and chairman of the Public Investment Fund (PIF), has announced the establishment of the kingdom’s new national carrier, Riyadh Air.
Riyadh Air will be chaired by His Excellency Yasir Al-Rumayyan, governor of PIF, while Tony Douglas, who brings more than 40 years of experience in the aviation, transportation and logistics industries, has been appointed chief executive officer. The airline’s senior management will include both Saudi and international expertise.
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Operating from Riyadh as its hub, Riyadh Air will adopt global sustainability and safety standards across its advanced fleet of aircraft equipped with the latest technology. The airline is expected to add US$20 billion to non-oil GDP growth, and create more than 200,000 direct and indirect jobs.
The airline will provide tourists from around the world the opportunity to visit Saudi Arabia’s cultural and natural attractions.
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Riyadh Air will also serve as a catalyst for the Saudi National Transport and Logistics Strategy and the National Tourism Strategy by increasing air transport options, raising cargo capacity and, in turn, growing international passenger traffic.
The establishment of Riyadh Air will enable a more financially resilient aviation ecosystem in Saudi Arabia, supporting the industry’s global competitiveness in line with Vision 2030.
For more information, visit www.riyadhair.com