Airlines
Riyadh Air Initiates Talks with Airbus and Boeing for New order
Riyadh Air, Saudi Arabia’s emerging second flag carrier, is poised for a significant expansion as it sets its sights on bolstering its fleet to commence operations by the summer of 2025.
Reports indicate that the airline is currently engaged in advanced discussions with aerospace giants Boeing and Airbus to finalize a substantial order of wide-body aircraft, marking a crucial step in its journey towards becoming a prominent player in the aviation industry.
CEO Tony Douglas revealed that Riyadh Air is on the verge of clinching a deal for additional narrow-body aircraft, with an announcement expected in the near future. This move underscores the airline’s strategic commitment to fortify its fleet capacity in preparation for an ambitious network expansion.
The imminent narrow-body order complements Riyadh Air’s recently completed acquisition of narrow-body jets, the details of which are set to be disclosed in the coming months. Riyadh Air’s expansion strategy aligns seamlessly with Saudi Arabia’s Vision 2030 initiative, aimed at revitalizing the nation’s aviation sector and fostering increased international tourism.
With plans to connect the capital city with over 100 destinations by the end of the decade, Riyadh Air envisions rapid growth, targeting a fleet of more than 200 aircraft within the initial five years of operation.
Notably, Riyadh Air’s endeavors come under the auspices of Saudi Arabia’s Public Investment Fund, signaling strong government support for the airline’s ambitions. However, amidst the backdrop of robust demand for aircraft and supply chain challenges plaguing both Airbus and Boeing.
Douglas emphasized the imperative of timely jet deliveries to ensure Riyadh Air’s successful debut in the competitive aviation landscape. Both Airbus and Boeing find themselves grappling with production constraints amid burgeoning demand, underscoring the urgency for Riyadh Air to secure its fleet on schedule.
As the airline prepares to take flight, these negotiations epitomize Riyadh Air’s determination to surmount industry challenges and carve out a prominent presence in the global aviation arena.
Airlines
PIA Reinstates Manchester and Paris Routes After EU Ban Lift
Pakistan International Airlines (PIA) has announced plans to resume flights to Europe starting in January, beginning with Paris as its first destination.
The decision follows the European Union Aviation Safety Agency’s (EASA) removal of a long-standing ban on the airline. PIA’s inaugural flight to Paris is scheduled for January 10, with bookings opening on December 9.
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In an official statement, PIA spokesperson Abdullah Hafeez Khan confirmed that the first flight schedule has been approved, marking a significant milestone in the airline’s recovery efforts. The EU ban had previously cost PIA approximately Rs40 billion ($144 million) annually in lost revenue, compounding its financial struggles.
With European operations restarting, PIA is now setting its sights on the United Kingdom. The airline plans to seek approval from the UK Department for Transport (DfT) to resume flights to major British cities such as London, Manchester, and Birmingham.
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These routes are anticipated to see high demand once necessary clearances are obtained. The lifting of the EU ban represents a key achievement for PIA as it works to rebuild its international network and regain its standing in the global aviation market.
By restoring flights to Europe and aiming for UK destinations, PIA is taking critical steps toward recovering lost ground and improving its financial outlook.
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