Saudi Arabia to launch new national carrier 'RIA'

Tags: International News

Saudi Arabia is finalizing the launch of its new international airline "RIA".

IMPORTANT FACTS -

  • The launch of this new project, backed by the Public Investment Fund of Saudi Arabia, has been underway for the past 12 months.
  • Once launched, it will become Saudi's second national carrier.

  • It will be based at Riyadh’s King Khalid International Airport.

  • This is unprecedented in the history of the Saudi Arabian aviation sector.

  • Saudi Arabia is targeting 30 million international transit passengers by 2030, while it currently stands at less than 4 million.

  • This will mean the new carrier would need to operate more than 150 routes globally in Europe, North America, South America, Africa and Asia.

  • This would require an investment of $30 billion.

  • Emirates currently flies to 158 destinations in 85 countries.

Saudi Arabia :

  • King - Salman

  • Capital - Riyadh

  • Currency - Saudi Arabian riyal

  • Official Language    - Arabic

  • Official Religion - Islam

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