Riyadh Air CEO Tony Douglas
Saudi flagship provider Riyadh Air will not contend straight with its GCC peers such as Qatar Airways and Etihad Airways, when using linking flights through regional airports, CEO Tony Douglas informed Financial Times.
Rather, Riyadh Air will concentrate on the specific niche market of flights to and from the Kingdom, he included.
In March, Crown Prince Mohammed bin Salman bin Abdulaziz, Prime Minister and Chairman of the general public Investment Fund (PIF), revealed the facility of Riyadh Air as the brand-new nationwide provider, Argaam‘s information revealed.
Completely owned by the sovereign wealth fund, Riyadh Air targets adding to the advancement of the Kingdom's air transportation sector and leveraging Saudi Arabia's tactical geographical place in between the 3 continents.
Riyadh Air intends to improve clients' journey while linking them to over 100 locations all over the world by 2030. It is anticipated to contribute as much as SAR 75 billion to the Kingdom's non-oil GDP.
