[ad_1]
Saudi Arabia is set to launch a new national low-cost airline, headquartered at King Fahd International Airport in Dammam, as part of its strategic move to position itself as a regional aviation hub. The General Authority of Civil Aviation (GACA) has awarded the operating license to a consortium led by UAE-based Air Arabia, along with Kun Investment Holding and Nesma Holding.
The newly established carrier will commence operations with a fleet of 45 aircraft, flying to 24 domestic and 57 international destinations. It is projected to handle up to 10 million passengers annually, significantly boosting regional connectivity.
This initiative is aligned with Saudi Arabia’s National Transport and Logistics Strategy under Vision 2030. The goal is to diversify the Kingdom’s economy, improve infrastructure, and elevate its status in the global transport, logistics, and tourism sectors.
,SaudiAviation ,Vision2030 ,AirArabia ,SaudiAirlines ,AviationNews ,LowCostCarrier ,DammamAirport ,KingdomHub ,TourismGrowth ,LogisticsStrategy ,MiddleEastTravel
Stay Connected with NewsRT:
For the latest headlines and urgent updates, visit our Breaking News section. If you want to stay informed about global affairs, our World News page brings you top stories from around the world.
For entertainment lovers, check out our Entertainment category to catch up on celebrity news, movies, and trending shows. Sports fans can follow live scores and in-depth match reports in our dedicated Sports section.
Stay on top of your health with expert insights and wellness tips on our Health page. For the latest financial updates, market trends, and stock analyses, visit our Stock Market section.
Don’t forget to explore our homepage for more top stories, exclusive reports, and real-time news updates curated for you.