Riyadh Air to Launch by Late 2025
Riyadh Air to Launch by Late 2025

Riyadh Air to Launch by Late 2025

News summary

Riyadh Air, set to launch in late 2025, aims to position Saudi Arabia as a global aviation hub and support the Vision 2030 initiative by connecting over 100 destinations and focusing on local talent development, particularly for women. The airline plans to be the first digitally-native carrier, employing AI-driven technology for an enhanced passenger experience. In the U.S., airlines are adapting to post-pandemic challenges, with airfare prices fluctuating due to high interest rates and inflation, reflecting a 12% increase in travel costs since pre-pandemic levels. The aviation sector is witnessing a resurgence, with international airlines reporting a 15.4% rise in operating profits. Meanwhile, the European airfreight industry is evolving due to e-commerce demands and supply chain disruptions, with Newcastle Airport enhancing its cargo capabilities to address these changes. Air France is also expanding its cargo operations, investing in facilities to accommodate growing volumes and focusing on high-value sectors like pharmaceuticals.

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