UPDATE – The Saudi Arabian Public Investment Fund (PIF) has officially announced it will launch a second national airline, Riyadh Air. The carrier will be chaired by former Etihad Airways CEO Tony Douglas and has ambitious growth plans with a fleet…
UPDATE – New Saudi Arabian aircraft lessor AviLease has delivered its first two aircraft to an airline customer. Saudi low-cost carrier flynas took delivery of its first two Airbus A320neo’s, with ten more to follow this year and in 2023.…
Saudi Arabia’s long-term aviation vision has added a new chapter to its strategy book by announcing the establishment of a new aircraft leasing company, AviLease. The plan was announced on June 29 by the country’s Public Investment Fund (PIF), which…