Riyadh Air Signs MoU With Singapore Airlines To Establish Commercial Partnership
Riyadh Air, launched in March 2023, is owned by the Public Investment Fund (PIF)
Riyadh Air, Saudi Arabia’s newest airline, has recently signed a Memorandum of Understanding (MoU) with Singapore Airlines (SIA). This strategic move aims to establish a new partnership between the two airlines. The MoU was signed on the sidelines of the 80th International Air Transport Association (IATA) Annual General Meeting and World Air Transport Summit in Dubai.
As part of the agreement, both carriers will explore opportunities for interline connectivity on each other’s services, subject to regulatory approval. Riyadh Air and Singapore Airlines will also work on other potential areas of commercial cooperation. This includes codeshare arrangements, cargo services, customer experience, and digital innovation as a precursor to a deeper, long-term, strategic partnership. "This relationship is a meaningful and deep cooperation that starts with a wide-ranging codeshare agreement and is expected to include a broad range of areas including digital and technology, loyalty and cargo," said Tony Douglas, CEO of Riyadh Air, in a statement.
Riyadh Air, launched in March 2023, is owned by the Public Investment Fund (PIF). The airline has also signed an MoU with Air China to enhance relations. Riyadh Air mentioned in its statement that this partnership will facilitate strong connectivity from both King Khalid International Airport and Beijing Capital International Airport.
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