Riyadh Air CEO says the carrier plans to launch operations in the fourth quarter of 2025 and hopes to take delivery of two Boeing 787-9s by the end of the year.
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.”