Saudi Arabia unveils new airline to compete with Gulf rivals
Saudi Arabia announces the creation of a new national airline, part of a plan to turn Riyadh into a global aviation hub rivaling regional leaders like Dubai and Doha.
Riyadh Air “aims to launch flights to more than 100 destinations around the world by 2030,” the official Saudi Press Agency (SPA) reports.
The Gulf kingdom is pursuing ambitious aviation goals as part of Crown Prince Mohammed bin Salman’s wide-ranging “Vision 2030” reform agenda, including more than tripling annual traffic to 330 million passengers by the end of the decade.
The new airline is the latest in “a huge package of projects” that will “consolidate our country’s position as an international hub for aviation and a global logistics center,” Saudi Transport Minister Saleh Al-Jasser says on Twitter.