Trending Today:
Govt Launches | Rs180mn Skardu Int’l Airport Upgrade Project
PIA Resumes | Lahore-Paris Flights After 5 Years
Etihad Goes | Four Daily To Karachi
  • Aviation
    • Airlines
    • Airports
    • CAA
    • PIA
  • Hotel/Lodges
    • Destination Pakistan
    • Events
    • Food & Beverages
    • Restaurants
  • Pakistan Tourism
    • News
    • Expos & Events
    • Rails & Roads
    • Mountains
    • Organizations
  • International Tourism
    • Cruises
    • Destination
    • Expo & Events
    • News
    • News Destination
    • Organizations
    • Technology
  • Advertise
  • E-papers
  • Newsletter
  • Aviation
    • Airlines
    • Airports
    • CAA
    • PIA
  • Hotel/Lodges
    • Destination Pakistan
    • Events
    • Food & Beverages
    • Restaurants
  • Pakistan Tourism
    • News
    • Expos & Events
    • Rails & Roads
    • Mountains
    • Organizations
  • International Tourism
    • Cruises
    • Destination
    • Expo & Events
    • News
    • News Destination
    • Organizations
    • Technology
  • Advertise
  • E-papers
  • Newsletter
Home»Airlines»Parallel To Regional Big | Saudi Set To Launch New Airline
Airlines

Parallel To Regional Big | Saudi Set To Launch New Airline

holidayweeklyBy holidayweeklyJuly 6, 2021No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

RIYADH: Saudi Arabia is planning to target international transit passenger traffic with its new national airline, going head-to-head with other regional carriers Dubai’s Emirates and Qatar Airways and revving up the regional competition, said a report.

 The new airline would boost international routes and echo existing Gulf carriers by carrying people from one country to another via connections in the kingdom, known in the industry as sixth-freedom traffic.

 Saudi Crown Prince Mohammed bin Salman had on Tuesday announced plans 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.

The creation of another flag carrier would catapult Saudi Arabia into the 5th rank globally in terms of air transit traffic, official state media SPA reported, without giving details on when and how the airline would be created.

 Prince Mohammad has been spearheading a push for Saudi Arabia, the biggest Arab economy and the largest country in the Gulf geographically, to boost non-oil revenues to about SR45 billion ($12 billion) by 2030.

 Making the kingdom a global logistics hub, which includes the development of ports, rail, and road networks, would increase the transport and logistics sector’s contribution to gross domestic product to 10% from 6%, the state news agency said.

 With the current flag bearer Saudi Arabian Airlines (Saudia), the kingdom has one of the smallest airline networks in the region relative to its size. Saudia has struggled with losses for years and like global peers, has been hit hard by the coronavirus pandemic.

 “The comprehensive strategy aims to position Saudi Arabia as a global logistics hub connecting the three continents,” Prince Mohammed was quoted as saying in the SPA report.

 “This will help other sectors like tourism, Hajj, and Umrah to achieve their national targets,” he added.

Post Views: 6
volume 81-2021
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
holidayweekly
  • Website

Related Posts

Govt Launches | Rs180mn Skardu Int’l Airport Upgrade Project

June 26, 2025

Etihad Goes | Four Daily To Karachi

June 15, 2025

Uzbekistan To Launch | Direct Flights To Pakistan On June 14th

June 14, 2025
Leave A Reply Cancel Reply

Top Posts

Govt Launches | Rs180mn Skardu Int’l Airport Upgrade Project

June 26, 2025

Time to meet the Muppets on the Muppet

July 12, 2018

The world don’t move to the beat

July 12, 2018

You would see the biggest gift woud be from me and the card

July 12, 2018
Don't Miss
Airports

Govt Launches | Rs180mn Skardu Int’l Airport Upgrade Project

By holidayweeklyJune 26, 2025

GILGIT-BALTISTAN: The government has formally launched the upgrade project of Skardu International Airport, marking a…

PIA Resumes | Lahore-Paris Flights After 5 Years

June 22, 2025

Etihad Goes | Four Daily To Karachi

June 15, 2025

Uzbekistan To Launch | Direct Flights To Pakistan On June 14th

June 14, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Email Us: info@example.com
Contact: +92 321 9264 080

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Govt Launches | Rs180mn Skardu Int’l Airport Upgrade Project

June 26, 2025

PIA Resumes | Lahore-Paris Flights After 5 Years

June 22, 2025

Etihad Goes | Four Daily To Karachi

June 15, 2025
Most Popular

Govt Launches | Rs180mn Skardu Int’l Airport Upgrade Project

June 26, 2025

Time to meet the Muppets on the Muppet

July 12, 2018

The world don’t move to the beat

July 12, 2018
© 2025 Weekly Holiday. Designed by Haseeb Ansari.

Type above and press Enter to search. Press Esc to cancel.