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 oversees strategic...
Wizz Air is exploring options to establish a new subsidiary airline in Saudi Arabia. The ultra-low-cost airline has signed a Memorandum of Understanding with the country’s Ministry of Investment to “explore market development opportunities” in de Kingdom of Saudi...
Saudi Arabian Airlines or Saudia is in negotiations with Airbus and Boeing about a new widebody order for an unspecified number of aircraft. The airline says it needs the aircraft for the expansion of its network, which it has plans to grow from ninety destinations...
Here is some news in brief from Dubai Airshow 2021, which is held from November 14-18: 17 – After her week in Dubai at Dubai Airshow since November 9, the Boeing 777-9 test aircraft departed the event again on Thursday morning at 8.22 am local time. She did a 47...
In a deal that looks like one from the old days of multi-billion dollar orders when there were airshows, Saudi Arabian Airlines Corporation (Saudia) has signed a $ 3.0 billion financing agreement for the purchase of 73 new aircraft. The agreement, hailed as the...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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