Saudi Arabia’s Upcoming Brand New Airline

DALLAS – A second national carrier for Saudi Arabia? Yes, and it seems it’s aiming for the throne. The Gulf country is going big, and as part of its 2030 Vision plan, a brand new airline is in the making.

As reported earlier during the 2022 Future Aviation Forum in Riyadh, Saudi Arabia plans to invest US$100bn sourced from public and private investors over the next 10 years. The funding will fuel the upgrade of existing airports—namely, Riyadh (RUH) and Jeddah (JED)—and the launch of a new national carrier based in RUH, operating alongside Saudia (SV).

According to sources in read more ⇒

Source:: “Airways Magazine”

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