Air Arabia Targets 50-Aircraft Fleet for New Saudi Airline, Citing Post-War Travel Optimism
Air Arabia is planning an ambitious launch for its new airline in Saudi Arabia, targeting a fleet of up to 50 aircraft within five years of operation. The new carrier, a joint venture with the Kingdom's Public Investment Fund (PIF), is awaiting its Air Operator's Certificate. CEO Adel Al Ali expressed strong confidence in a post-war travel rebound, anticipating a surge in demand once current global conflicts subside. He cited the industry's historical resilience following major crises as a basis for his optimism. This strategic move is part of a broader expansion for Air Arabia and aligns with Saudi Arabia's Vision 2030 tourism goals.
Official Source: https://www.arabianbusiness.com/business/transport/air-arabia-targets-50-aircraft-for-new-saudi-airline-as-ceo-bets-on-post-war-travel-rebound
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