A new step for a better economy As Saudi Crown Prince Mohammed bin Salman announced, this morning, that the Kingdom of Saudi Arabia plans to launch a second national airline as part of its plan to "consolidate its position as a global logistics center." According to the official news agency.
In the related context, the Saudi Press Agency quoted the Crown Prince as saying during his presentation of the national strategy for transport and logistics that this strategy aims to make the Kingdom of Saudi Arabia the fifth largest country in the world in terms of air traffic. , in addition to increasing the number of destinations to more than 250 international destinations; And the launch of a new national carrier.
In this context, he added, this strategy also aims to "increase the capacity of the air cargo sector by doubling its capacity to reach 4.5 million tons." Al-Khalaf did not specify when the new company will be published.
An investment program to improve the economy and aviation situation in Saudi Arabia
Saudi Arabian Airlines, the national carrier of Saudi Arabia, has suffered losses for years and faces increasing competition from regional airlines such as Emirates and Qatar Airways, which have a larger network of airlines.
Saudi Arabia is pursuing an ambitious investment program as part of its efforts to diversify its oil-dependent economy.
The kingdom plans to build a new airport in the capital, Riyadh - where the new airline will be based - to accommodate international tourists and business people, according to Bloomberg News.