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In a groundbreaking move set to transform the global travel industry, His Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz has announced the establishment of “Riyadh Air,” a new national carrier wholly owned by the Public Investment Fund (PIF). This strategic venture positions Riyadh as a central hub connecting Asia, Africa, and Europe, making Saudi Arabia a key gateway for transportation, trade, and tourism.
Riyadh Air, chaired by Yasir Al-Rumayyan, Governor of PIF, with Tony Douglas as CEO, brings together top-tier expertise from Saudi Arabia and around the world. The airline is poised to redefine global aviation with a fleet of modern aircraft, adhering to the highest sustainability and safety standards. Equipped with cutting-edge technology, Riyadh Air is set to revolutionize the travel experience while significantly contributing to Saudi Arabia’s economic diversification efforts.
The new airline aims to connect over 100 global destinations by 2030, offering travelers an unparalleled experience steeped in authentic Saudi hospitality. By attracting tourists to explore Saudi Arabia’s rich cultural heritage and natural wonders, Riyadh Air will play a pivotal role in the Kingdom’s National Transport and Logistics Strategy, as well as its National Tourism Strategy.
The launch of Riyadh Air is expected to add $20 billion to non-oil GDP and create more than 200,000 direct and indirect jobs. It marks a significant milestone in Saudi Arabia’s Vision 2030, showcasing the Kingdom’s ambition to establish a resilient and globally competitive aviation sector.
Riyadh Air is not just a new airline; it’s the dawn of a new era for Saudi Arabia on the world stage. This initiative symbolizes the Kingdom’s commitment to innovation, global connectivity, and economic transformation, cementing Riyadh’s status as a premier international travel hub.
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