Saudi national airline Riyadh Air is born

14-02-23

Crown Prince Mohammad bin Salman bin Abdulaziz, Prime Minister and Chairman of the Public Investment Fund (PIF), announced on Sunday the establishment of Riyadh Air, a company wholly owned by PIF. The new national airline will take advantage of Saudi Arabia's strategic geographical location between the three continents of Asia, Africa and Europe, enabling Riyadh to become a gateway to the world and a global destination for transport, trade and tourism.

Riyadh Air will be chaired by Yasir Al-Rumayyan, governor of PIF, while Tony Douglas, who brings more than 40 years of experience in the aviation, transportation and logistics industries, has been appointed CEO. The airline's senior management will include Saudi and international experience.