Related Coverage: Helicopter, Saudia, Airbus, Israel
Bloomberg
• Bloomberg News
Bloomberg reports: Saudia Arabia’s wealth fund stands to gain a bigger stake in London Heathrow Airport alongside its bidding partner, French private equity firm Ardian, after more shareholders in the London hub agreed to offload their holdings.
The pilotless EH216-S eVTOL, showcased by EHang, marks a significant advancement in autonomous flight technology amidst Saudi Arabia's ambition to fast-track eVTOL services.
The trial, inaugurated by Saleh Al-Jasser and witnessed by GACA President Abdulaziz Al-Duailej, featured the electric EH216-S eVTOL with vertical take-off capability.
The strategic Memorandum of Understanding strengthens cooperation between Riyadh Air and EgyptAir, enhancing connectivity between Saudi Arabia and Egypt by offering passengers more destination options.
Ardian and Saudi Arabia's wealth fund have put forward a revised offer to acquire 37.6% of London Heathrow Airport for £3.26 billion. The move comes as other shareholders, including Ferrovial SE, have opted to sell their stakes.
The pilotless EH216-S eVTOL, showcased by EHang, marks a significant advancement in autonomous flight technology amidst Saudi Arabia's ambition to fast-track eVTOL services.
The trial, inaugurated by Saleh Al-Jasser and witnessed by GACA President Abdulaziz Al-Duailej, featured the electric EH216-S eVTOL with vertical take-off capability.
The strategic Memorandum of Understanding strengthens cooperation between Riyadh Air and EgyptAir, enhancing connectivity between Saudi Arabia and Egypt by offering passengers more destination options.
Starting October 28, 2024, Cathay Pacific will operate three weekly return flights between Hong Kong and Riyadh using Airbus A350 aircraft.
The MoU outlines the exploration of commercial cooperation opportunities, including codeshare agreements and reciprocal frequent flyer benefits, aiming to strengthen market presence in Asia.
Qatar Airways is finalizing a significant order for widebody aircraft, expected to be divided between Boeing and Airbus. This move signifies a strategic fleet expansion.
Saudi Arabia's newest airline, Riyadh Air, is forging alliances with established global carriers to strengthen its network before entering the market next year.
For the first time in over a decade, Syrian nationals have traveled directly from Damascus to Saudi Arabia for the annual Hajj pilgrimage, marking a significant development in regional air travel.
Neo Space Group is set to enhance commercial space operations with innovative satellite solutions, targeting both local and global markets.
Negotiations are ongoing to sell American-made F-35 fighter jets to Riyadh, contingent upon Saudi Arabia discontinuing its acquisition of Chinese military equipment.
Saudi Arabia reaffirms its proposal to deploy electric air taxis during Hajj, aiming to enhance transportation for pilgrims with innovative eVTOL solutions.
Majid Khan, CEO, discusses new airlines flying to Saudi Arabia and the exciting opportunities presented by the Saudi Air Connectivity Program during the Future Aviation Forum.
At the Future Aviation Forum in Riyadh, Saudi Arabia outlined its strategic roadmap for integrating eVTOL technology into its commercial aviation sector, signaling strong aviation expansion goals.
Chinese planemaker COMAC is engaging with Saudi representatives to leverage the kingdom as a base for its global expansion, aiming to challenge Western dominance in the commercial jet market.
Saudi Arabia is courting Archer Aviation after the company's deal with the UAE, reflecting the intense regional competition to become a leading aviation hub.
Ground handler and flight support group Jetex is actively exploring new FBO opportunities in Asia and aims to replicate this progress in Saudi Arabia, anticipating significant business aviation traffic growth this year.
The strategic MoU will see Riyadh Air and Saudia Academy collaborate to deliver comprehensive training programs for pilots, cabin crew, and flight dispatchers, solidifying Riyadh Air's operational capabilities.
The agreement, signed at the Future Aviation Forum in Riyadh, aims to evaluate infrastructure and training needs for eVTOL MRO and reassembly services in Saudi Arabia.
Saudi Arabia aims to attain full partner status in an upcoming combat aircraft project, with a decision expected in the coming months.
Saudi planners project significant economic growth from the business aviation sector, with over $2 billion added to GDP by 2030.
Embraer signed a Memorandum of Understanding with Saudi Arabia's National Industrial Development Center and AHQ Group to develop the local aerospace ecosystem.
Joby Aviation has signed an MoU with Mukamalah, a subsidiary of Saudi Aramco, to deploy its eVTOL aircraft in Saudi Arabia, expanding its presence in the Middle East.
Archer Aviation has partnered with Etihad Aviation Training to spearhead the recruitment and training of pilots for its Midnight eVTOL aircraft across the UAE.
Saudi Arabia aims to have its locally produced aluminum and titanium certified by Boeing and Airbus, enhancing the kingdom's manufacturing sector.
Airbus has finalized a deal to supply 105 narrow-body aircraft to Saudi Arabia's national airline Saudia. The first delivery is scheduled for 2026, as the kingdom invests in aviation and tourism.
Saudi aviation authorities are investigating a serious incident involving an Airbus A320neo that experienced a runway-edge excursion after an unstable landing in Riyadh.
Tony Brun, CEO of Avalon Airport since October 2022, is stepping down to accept a Chief Executive position in Saudi Arabia, leaving Melbourne's secondary airport after less than a year in the role.
During a visit to Iran's East Azerbaijan province, a helicopter transporting President Ebrahim Raisi made a hard landing. Rescue efforts are ongoing, with poor weather complicating the situation.
A Garuda Indonesia Boeing 747-400 with 468 passengers, including Hajj pilgrims, was forced to land after an engine fire erupted during takeoff. All passengers and crew were safely evacuated.
