Saudi Arabia to launch new national carrier ‘RIA’
Saudi Arabia is a country well known for its oil-sourced wealth.
However, the middle-easter country is now taking steps forward to decrease its dependency on oil wealth and hence is focusing on developing other sources of income to have a comparatively independent economy.
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Besides other measures, the nation is also planning on launching a new national airline based out of the King Khalid International Airport in Riyadh.
Based on reports from Simple Flying, the new national carrier of the company can be named “RIA”.
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It is to be noted that Saudi Arabia already has a flag carrier in the form of Saudia, based out of King Abdulaziz International Airport in Jeddah.
However, based on reports, the country hinted at starting a new airline in June 2022 to boost tourism in the region.
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Now, the reports of the name of the new airline have further reinforced the expectations of the launch of a new airline.
The name “RIA” has been offered as a favoured option for the new airline, according to a source close to Saudi Arabia’s Public Investment Fund (which is funding the carrier), according to an exclusive report on Thursday, September 1 from media outlet Arabian Business.
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But in the end, it’s likely that Crown Prince Mohamed Bin Salman will make the final call.
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