Riyadh Air

Riyadh Air[2] (Arabic: طيران الرياض) is a planned second flag carrier of Saudi Arabia, based in Riyadh, its capital.[3] The airline's main operational base will be at King Khalid International Airport in Riyadh. The airline is planning to be the largest in the Middle East in terms of revenue. It will operate domestic and international scheduled flights to over 100 different destinations in the Middle East, Africa, Asia, Europe, South America and North America. The current announced fleet will consist of Boeing 787 aircraft.[4]

Riyadh Air
طيران الرياض
IATA ICAO Callsign
- - -
Founded12 March 2023 (12 March 2023)
Hubs
Parent companyPublic Investment Fund
Government of Saudi Arabia
HeadquartersRiyadh, Saudi Arabia
Key people
Websitewww.riyadhair.com

According to the Saudi Press Agency (SPA), Riyadh Air will be a company owned by the country's Public Investment Fund (PIF), with Yasir Al-Rumayyan, the governor of PIF, serving as its chairman. Tony Douglas has been appointed as the CEO. He previously served as the CEO of UAE-based airline Etihad from January 2018 until October 2022.[5] Riyadh Air is set to be a 'world-class airline', and is expected to add $20 billion to non-oil GDP growth, and create more than 200,000 direct and indirect jobs.

History

On 12 March 2023, Crown Prince Mohammed bin Salman formally announced the establishment of Riyadh Air, the country's newest national airline.[6][7] Two days later, it was announced that the airline had ordered 39 Boeing 787-9, with options for 33 more aircraft. The airline will potentially go against Islamic beliefs and serve alcohol, however no statement has been officially made. [8][9]

Fleet
Riyadh Air Fleet
Aircraft In service Orders Passengers Notes
Boeing 787-9 – 39 TBA Order with 33 options.[10]
Total – 39

See also

References
  1. Bhoyrul, Anil, Amlot, Matthew (23 September 2022). "Etihad's Tony Douglas agrees to join new Saudi airline RIA". Arabian Business. Retrieved 22 November 2022.{{cite news}}: CS1 maint: multiple names: authors list (link)
  2. "HRH Crown Prince Announces "Riyadh Air"".
  3. "Exclusive: Saudi Arabia to launch new airline 'RIA' with $30bn war chest to rival Emirates".
  4. "Report: Saudi Arabia's RIA To Place Huge Aircraft Order".
  5. Web Desk. "Saudi Crown Prince announces new national airline". Khaleej Times. Retrieved 2023-03-12.
  6. "PIF - News Details | Public Investment Fund". www.pif.gov.sa. Retrieved 2023-03-12.
  7. "Saudi Arabia launches new national airline". Reuters. 2023-03-12.
  8. Dudley, Dominic. "Riyadh Sets Out Fleet Plans For New Airline To Rival Emirates And Qatar". Forbes. Retrieved 2023-03-14.
  9. "Riyadh Air orders 72 Boeings worth $17b". Arabian Post. 2023-03-15. Archived from the original on March 15, 2023. Retrieved 2023-03-15.
  10. "New Saudi Arabian Carrier Riyadh Air to Launch with All-Boeing Fleet of up to 72 787-9 Dreamliners". Boeing. 14 March 2023. Retrieved 14 March 2023.
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