AirAsia is set to receive $100 million from Saudi Arabia’s Public Investment Fund as the Malaysian LCC seeks to raise as much as MYR1 billion ($226 million).
Riyadh Air and Singapore Airlines have signed an agreement that will see collaboration on interline connectivity, codesharing, cargo and loyalty programs.
While Riyadh Air is planning an initial narrowbody order with Boeing or Airbus, COO Peter Bellew says Comac will become "a real force to be reckoned with.”
Riyadh Air will need “a few more weeks” to decide on a large order for narrowbodies, a senior airline executive says on the sidelines of Dubai Airshow.