Loading

Riyadh Air to connect Saudi Arabia to the world under ambitious Vision 2030 strategy

Premium Insight

In Mar-2023, Saudi Arabia's Public Investment Fund (PIF) announced the establishment of a new national carrier, Riyadh Air.

The airline plans to launch commercial operations in mid-2025, operating from its hub at Riyadh King Khalid International Airport. Saudi Arabia's national carrier, Saudia, is set to transfer its operations at the airport to Riyadh Air by 2030.

This comes as the country works to reduce its economic dependence on oil and redirect resources to its tourism industry under the Vision 2030 strategy, aiming to increase air traffic to 300 million passengers by 2030.

Become a CAPA Member to access Insights

This CAPA Premium Insight is 617 words.
Become a CAPA Member

Our Insights are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.