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Riyadh Air

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Riyadh Air
طيران الرياض
IATA ICAO Call sign
- - -
Founded2022; 2 years ago (2022)
Hubs
Destinations100 (planned)
Parent companyPublic Investment Fund
(Government of Saudi Arabia}
HeadquartersRiyadh, Saudi Arabia
Key people
Websiteriyadhair.com

Riyadh Air[2] (Arabic: طيران الرياض), is a planned second flag carrier of Saudi Arabia, based in Riyadh, its capital.[3] The airline's main operational base will be at King Khalid International Airport in Riyadh. The airline is planning to be the largest in the Middle East in terms of revenue, beating Emirates, Qatar Airways, and Etihad Airways.[4] It will operate domestic and international scheduled flights to over 100 destinations in the Middle East, Africa, Asia, Europe, South America and North America. The current announced fleet will consist of Airbus A320, Boeing 737,[5] and Airbus A350 aircraft.[6]

According to the Saudi Press Agency (SPA), Riyadh Air will be a company owned by the country's Public Investment Fund (PIF), with Yasir Al-Rumayyan, the governor of PIF, serving as its chairman. Tony Douglas has been appointed as the CEO. He previously served as the CEO of UAE-based airline Etihad from January 2018 until October 2022.[7] Riyadh Air is set to be a 'world-class airline', and is expected to add $20 billion to non-oil GDP growth, and create more than 200,000 direct and indirect jobs.

On 12 March 2023, Crown Prince Mohammed bin Salman formally announced the establishment of Riyadh Air, the country's newest national airline.[8][9]

See also

References

  1. ^ Bhoyrul, Anil, Amlot, Matthew (23 September 2022). "Etihad's Tony Douglas agrees to join new Saudi airline RIA". Arabian Business. Retrieved 22 November 2022.{{cite news}}: CS1 maint: multiple names: authors list (link)
  2. ^ "HRH Crown Prince Announces "Riyadh Air"".
  3. ^ "Exclusive: Saudi Arabia to launch new airline 'RIA' with $30bn war chest to rival Emirates".
  4. ^ "Saudi Arabia's new $30 billion airline "RIA" to compete with Emirates".
  5. ^ "Saudi Arabia's new $30bn RIA airlines to launch with Boeing 737s and Airbus A320s".
  6. ^ "Report: Saudi Arabia's RIA To Place Huge Aircraft Order".
  7. ^ Desk, Web. "Saudi Crown Prince announces new national airline". Khaleej Times. Retrieved 2023-03-12. {{cite web}}: |last= has generic name (help)
  8. ^ "PIF - News Details | Public Investment Fund". www.pif.gov.sa. Retrieved 2023-03-12.
  9. ^ "Saudi Arabia launches new national airline". Reuters. 2023-03-12.
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