Image: Boeing Company
Saudi’s new carrier Riyadh Air, owned by Saudi Arabia’s Public Investment Fund (PIF), was launched yesterday.
Riyadh Air said it will purchase 39 highly efficient Boeing 787-9s, with options for an additional 33 787-9s. Based in the capital city, Riyadh Air will play a key role in growing Saudi Arabia’s air transport network.
This agreement is part of Saudi Arabia’s wider strategic plan to transform the country into a global aviation hub. In total, Saudi Arabian carriers today announced their intent to purchase up to 121 787 Dreamliners in what will be the fifth largest commercial order by value in Boeing‘s history. This will support the country’s goal of serving 330 million passengers and attracting 100 million visitors annually by 2030.
“The new airline reflects the ambitious vision of Saudi Arabia to be at the core of shaping the future of global air travel and be a true disrupter in terms of customer experience,” said Tony Douglas, CEO of Riyadh Air – formerly CEO of Etihad Airways.
“Riyadh Air’s commitment to its customers will see the integration of digital innovation and authentic Saudi hospitality to deliver a seamless travel experience. By positioning the airline as both a global connector and a vehicle to drive tourist and business travel to Saudi Arabia, our new 787-9 airplanes will serve as a foundation for our worldwide operations, as we build the wider network and connect our guests to Saudi Arabia and many destinations around the world,” said Douglas.
“This is a significant order that will support Riyadh Air’s commitment to deliver a world-class travel experience, while supporting American aerospace manufacturing jobs at Boeing and across our supply chain,” said Stan Deal, president and CEO of Boeing Commercial Airplanes. “We are incredibly proud of our nearly eight decades of partnership to drive innovation and sustainable growth in Saudi Arabia’s aviation sector. Our agreement builds on that longstanding partnership and will further expand access to safe and sustainable commercial air travel for decades more.”