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Saudi Arabia plans new national airline as it diversifies from oil Reuters 4 hrs ago © Reuters/Ahmed Yosri FILE PHOTO: Saudi Arabia reopens domestic flights
CAIRO (Reuters) - Saudi Arabia s Crown Prince Mohammed bin Salman announced plans on Tuesday to launch a second national airline as part of a broader strategy to turn the kingdom into a global logistics hub as it seeks to diversify from oil. © Reuters/BANDAR ALGALOUD/COURTESY OF SAUD FILE PHOTO: Saudi Crown Prince Mohammed bin Salman attends a session of the Shura Council in Riyadh
The creation of another flag carrier would catapult Saudi Arabia into the 5th rank globally in terms of air transit traffic, official state media reported, without giving details on when and how the airline would be created.
Saudi Arabia Plans Second National Airline As It Diversifies From Oil Saudi Arabia Plans Second National Airline As It Diversifies From Oil The creation of another flag carrier would catapult Saudi Arabia into the 5th rank globally in terms of air transit traffic, official state media reported, without giving details on when and how the airline would be created.
Passengers talk to airline employees at Riyadh International Airport.
CAIRO:
Saudi Arabia s Crown Prince Mohammed bin Salman announced plans on Tuesday to launch a second national airline as part of a broader strategy to turn the kingdom into a global logistics hub as it seeks to diversify from oil.