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Collectively, the ten largest airlines in the Middle East have a combined order book of 795 aircraft to be delivered by the end of 2029, making it one of the largest order books in existence. This will lead to around 107 million additional seats in the market by 2029, with approximately 16 million coming from Saudi Arabia-based carriers. The increased competition, along with new capacity from other airlines, will add complexity to market conditions, impacting Riyadh Air, Saudia, and the Vision 2030 ambition. How will Saudi Arabia's Vision 2030, aiming for 300 million passengers by 2030, navigate this challenge? Discover more in the final part of our three-part series on the Middle East aviation market: https://hubs.li/Q02FNCN70 #MiddleEast #MiddleEastTourism #Aviation

SAUDI AIRLINES and Riyadh Air | طيران الرياض sign a strategic cooperation MOU as part of an expansive agreement signifying collaborative strength in the Saudi Arabian Aviation Ecosystem

SAUDI AIRLINES and Riyadh Air | طيران الرياض sign a strategic cooperation MOU as part of an expansive agreement signifying collaborative strength in the Saudi Arabian Aviation Ecosystem

🛫 Exciting news from Oman Air! ✈️ The national carrier reports a remarkable 30% #revenue growth and a significant 36% decrease in net losses, marking a successful turnaround in its #financial performance for 2023. 📈 Strategic adjustments to flight #destinations and frequencies, coupled with stringent cost-control measures, have bolstered #operational efficiency without resorting to route suspensions or #aircraft sales. 🌍 H E Said Hamood al Mawali, Minister of Transport, Communications, and Information #Technology, unveiled these encouraging figures during Oman Air's recent media briefing, emphasizing the airline's commitment to adaptability and strategic decision-making. 🎉 Moving forward, Oman Air remains dedicated to delivering exceptional service while focusing on sustainable growth and profitability. Read More - https://lnkd.in/gD_HDWSJ #OmanAir #FinancialTurnaround #OperationalEfficiency #AviationIndustry #TransformationJourney

Collectively, the ten largest airlines in the Middle East already have a combined order book of 795 aircraft to be delivered by the end of 2029 (see chart attached); on a regional market basis it is one of the largest order books in existence. These new aircraft should lead to around 107 million additional seats in the market by 2029, and although around 16 million of these will be supplied by Saudi Arabia-based carriers, this degree of competition from competing airlines (with their own new capacity) will add a further degree of complexity to the market conditions, not just for Riyadh Air and Saudia, but for the ambition of Vision 2030. How will Saudi Arabia's Vision 2030 - a target of 300 million passengers by 2030 - balance ambition with reality? Find out in the final part of our three-part series focusing on the Middle East aviation market. https://hubs.li/Q02FNCN70 #MiddleEast #MiddleEastTourism #Aviation

How Tony Douglas Is Building Riyadh Air To Be A Better Airline It’s one thing to come into a struggling airline and turn things around, but quite another to set up a clean sheet carrier from scratch. Not many CEOs get the opportunity to do either - certainly not both. But for Tony Douglas, CEO of Riyadh Air, proving his turnaround prowess at one Middle East airline has opened the door to a dream opportunity to get it right from the start. Read more at: https://lnkd.in/gg_YYkpy #AviationTalk #aviationnews #avgeek #aviation

Delta Air Lines and Riyadh Air | طيران الرياض sign a Strategic Cooperation Memorandum of Understanding The agreement will form the foundation of a long term strategic partnership between the two, focused on interline and codeshare connectivity, loyalty, customer experience, and digital transformation. Both airlines cited the other's commitment to delivering an elevated experience to passengers as a key factor in forming this partnership. https://wp.me/pdIrRr-6Ty #aviationfestasia

Delta Air Lines and Riyadh Air | طيران الرياض sign a Strategic Cooperation Memorandum of Understanding The agreement will form the foundation of a long term strategic partnership between the two, focused on interline and codeshare connectivity, loyalty, customer experience, and digital transformation. Both airlines cited the other's commitment to delivering an elevated experience to passengers as a key factor in forming this partnership. https://wp.me/pdIrRr-6Ty #aviationfestasia

He is a dynamic leader.

SAUDI AIRLINES has been ranked ninth among the top ten performing global airlines with an arrival OTP of 80.14 percent, according to Cirium. This follows outstanding performances for the months of July and June, during which Saudia respectively ranked third and fifth among the top five performing airlines, with an OTP of 83.76 percent and 84.11 percent. Ibrahim Al-Omar, director general of Saudia Group, said: “Our consistent top-tier performance in global OTP rankings is a testament to Saudi's unwavering commitment to excellence and our dedication to ensuring guests experience world-class service. This achievement is a continuation and a reflection of the ongoing group transformation which introduced multiple digital solutions that lead to operation efficiency and excellence.” He added: “I extend my heartfelt thanks to all subsidiaries within Saudia Group and our valued local partners in the Saudi aviation industry for their steadfast support.” Read more: https://lnkd.in/dxxYzztS #airtransport #saudiarabia #airlinesandairplanes #aviationindustry