Now officially announced:
www.pif.gov.sa
- Tony Douglas will be CEO (ex Etihad CEO)
- Aims to serve 100 destinations by 2030
- Expected to add $20bn to GDP with 200,000 direct/indirect jobs
PIF - News Details | Public Investment Fund

HRH Crown Prince Announces “Riyadh Air” New National Carrier to Further Expand Saudi Aviation Ecosystem Locally and Globally
Riyadh, KSA - 12 March 2023
- Riyadh will be the company’s operational hub, and will connect the Saudi capital to over 100 destinations globally
- The new carrier will acquire modern aircraft equipped with the latest technology, and will adopt world class sustainability and safety practices
- Riyadh Air will usher in a new era for the travel and aviation industry globally and will provide tourists from around the world the opportunity to visit Saudi Arabia’s cultural and natural attractions
- The establishment of the airline is aligned with PIF’s mandate to further enable the aviation ecosystem in Saudi Arabia
- Tony Douglas will be CEO (ex Etihad CEO)
- Aims to serve 100 destinations by 2030
- Expected to add $20bn to GDP with 200,000 direct/indirect jobs