{"id":29536,"date":"2023-03-12T20:38:53","date_gmt":"2023-03-12T15:08:53","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=29536"},"modified":"2023-09-12T16:54:21","modified_gmt":"2023-09-12T11:24:21","slug":"saudi-arabia-launches-new-national-airline-riyadh-air-to-compete-with-gulf-rivals-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2023\/03\/12\/saudi-arabia-launches-new-national-airline-riyadh-air-to-compete-with-gulf-rivals-exclusive\/","title":{"rendered":"Saudi Arabia Launches New National Airline Riyadh Air To Compete With Gulf Rivals | Exclusive"},"content":{"rendered":"\n<p><strong>Saudi Arabia&#8217;s Crown Prince Mohammed bin Salman has formally announced the formation of Riyadh Air<\/strong>, a new national airline run by industry veteran Tony Douglas. According to the state news agency SPA, the kingdom&#8217;s location between Asia, Africa, and Europe will allow the airline to reach over 100 locations worldwide by 2030.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-1024x576.jpg\" alt=\"Saudi Arabia Launches New National Airline Riyadh Air To Compete With Gulf Rivals | Exclusive\" class=\"wp-image-29538\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-1024x576.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-600x338.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-300x169.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-768x432.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-1536x864.jpg 1536w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-750x422.jpg 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9-1140x641.jpg 1140w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-04-FrA-GmmWwAA4na9.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Saudi Arabia launches new airline Riyadh Air<\/figcaption><\/figure>\n\n\n\n<p><strong>The new airline is expected to contribute considerably to Saudi Arabia&#8217;s non-oil GDP development<\/strong>, adding $20 billion and directly and indirectly creating more than <strong>200,000 jobs.<\/strong><\/p>\n\n\n\n<p>This action is consistent with the kingdom&#8217;s aspirations to diversify its economy and minimise its reliance on oil. Riyadh Air is completely owned by the <strong>Public Investment Fund <\/strong>(PIF), Saudi Arabia&#8217;s sovereign wealth fund with over $600 billion in assets.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">HRH Crown Prince announces <a href=\"https:\/\/twitter.com\/hashtag\/RiyadhAir?src=hash&amp;ref_src=twsrc%5Etfw\">#RiyadhAir<\/a>, a new national carrier to further expand the Saudi aviation ecosystem locally and globally.<br><br>Read more: <a href=\"https:\/\/t.co\/emlrIvbU8k\">https:\/\/t.co\/emlrIvbU8k<\/a> <a href=\"https:\/\/t.co\/xvldmqW6GN\">pic.twitter.com\/xvldmqW6GN<\/a><\/p>&mdash; Public Investment Fund (@PIF_en) <a href=\"https:\/\/twitter.com\/PIF_en\/status\/1634874951948697600?ref_src=twsrc%5Etfw\">March 12, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Mr. Tony Douglas has been appointed Chief Executive Officer of <a href=\"https:\/\/twitter.com\/hashtag\/RiyadhAir?src=hash&amp;ref_src=twsrc%5Etfw\">#RiyadhAir<\/a>. He has more than 40 years of experience in the aviation, transportation and logistics industries. <a href=\"https:\/\/t.co\/acqoeswIG5\">pic.twitter.com\/acqoeswIG5<\/a><\/p>&mdash; Public Investment Fund (@PIF_en) <a href=\"https:\/\/twitter.com\/PIF_en\/status\/1634874969271197697?ref_src=twsrc%5Etfw\">March 12, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/RiyadhAir?src=hash&amp;ref_src=twsrc%5Etfw\">#RiyadhAir<\/a> will offer an exceptional experience with an authentic, warm Saudi hospitality at its heart.<\/p>&mdash; Public Investment Fund (@PIF_en) <a href=\"https:\/\/twitter.com\/PIF_en\/status\/1634878846464819200?ref_src=twsrc%5Etfw\">March 12, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The declaration signals the country&#8217;s entry into the extremely competitive aviation business, where it will compete against established competitors such as Emirates, Qatar Airways, and Turkish Airlines. As the travel industry slowly recovers from the pandemic, the opening of Riyadh Air may result in a more difficult competition for travellers.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-1024x576.jpg\" alt=\"Saudi Arabia Launches New National Airline Riyadh Air To Compete With Gulf Rivals | Exclusive\" class=\"wp-image-29539\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-1024x576.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-600x338.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-300x169.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-768x432.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-1536x864.jpg 1536w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-750x422.jpg 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI-1140x641.jpg 1140w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/19-53-22-FrA-Hl0XwAEm6nI.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Tony Douglas, CEO, Riyadh Air<\/figcaption><\/figure>\n\n\n\n<p>According to industry sources, <em>Saudi Arabia is in advanced talks with Airbus to acquire around 40 A350 planes, with Boeing also seeking for a piece of the kingdom&#8217;s transportation growth. Saudia, the state-owned Saudi Arabian Airlines, had revealed that it was in contract negotiations with Boeing and Airbus for orders for both itself and a new carrier.<\/em><\/p>\n\n\n\n<p>Also Read:<\/p>\n\n\n\n<p><strong><em><a href=\"https:\/\/aviationa2z.com\/index.php\/2023\/03\/12\/air-india-pilot-gets-dgca-nod-to-fly-two-different-types-of-aircraft-exclusive\/\">Air India Pilot Gets DGCA Nod To Fly Two Different Types Of Aircraft | Exclusive<\/a><\/em><\/strong><\/p>\n\n\n\n<p><strong><em><a href=\"https:\/\/aviationa2z.com\/index.php\/2023\/03\/12\/a-35-billion-agreement-for-boeing-jets-is-close-with-the-saudi-sovereign-wealth-fund\/\">Saudi sovereign wealth fund near $35 billion deal for Boeing jets, WSJ says<\/a><\/em><\/strong><\/p>\n\n\n\n<p>Follow us on <em><strong><a href=\"https:\/\/news.google.com\/s\/CBIw-KPiuYoB?sceid=IN:en&amp;sceid=IN:en&amp;r=7&amp;oc=1\">Google News<\/a><\/strong><\/em> for latest Aviation Updates<\/p>\n\n\n\n<p>Join us on <strong><em><a href=\"https:\/\/t.me\/aviationa2z\">telegram group<\/a><\/em><\/strong><\/p>\n\n\n\n<p>Stay tuned\u2026<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-aviation-a-2-z wp-block-embed-aviation-a-2-z\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"39lnYX1Uvz\"><a href=\"https:\/\/aviationa2z.com\/index.php\/2023\/09\/12\/saudi-arabia-to-establish-a-new-office-in-gift-city\/\">Saudi Arabia To Establish A New Office in GIFT City<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Saudi Arabia To Establish A New Office in GIFT City&#8221; &#8212; Aviation A2Z\" src=\"https:\/\/aviationa2z.com\/index.php\/2023\/09\/12\/saudi-arabia-to-establish-a-new-office-in-gift-city\/embed\/#?secret=86nXNn0r7x#?secret=39lnYX1Uvz\" data-secret=\"39lnYX1Uvz\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia&#8217;s Crown Prince Mohammed bin Salman has formally announced the formation of Riyadh Air, a new national airline run by industry veteran Tony Douglas. According to the state news agency SPA, the kingdom&#8217;s location between Asia, Africa, and Europe will allow the airline to reach over 100 locations worldwide by 2030.<\/p>\n","protected":false},"author":2,"featured_media":29537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7216,7218,6761,5840],"tags":[82,152,392,104,79,2030,393,115,234,81,4250,1029,7811,2348,2349,6327],"class_list":{"0":"post-29536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aviation-news","8":"category-international-aviation-news","9":"category-news","10":"category-today-in-aviation","11":"tag-air-india","12":"tag-airlines","13":"tag-airlines-news","14":"tag-airport","15":"tag-aviation","16":"tag-aviation-a2z-news","17":"tag-aviation-news","18":"tag-india","19":"tag-indigo","20":"tag-latest-aviation-news","21":"tag-launched","22":"tag-riyadh","23":"tag-riyadh-air","24":"tag-saudi-arabia","25":"tag-saudi-arabia-airlines","26":"tag-saudia-arabia"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/29536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=29536"}],"version-history":[{"count":2,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/29536\/revisions"}],"predecessor-version":[{"id":44518,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/29536\/revisions\/44518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/29537"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=29536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=29536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=29536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}