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Riyadh Air Sponsors Spanish Football Club Atlético de Madrid in 3 Year Deal; Jerseys Unveiled
Saudi Arabia’s newly launched airline, Riyadh Air, will sponsor one of Spain’s leading football clubs, Atlético de Madrid, the company said today in a press release as it unveiled a new design for the kits players will wear on-field.
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Saudi Arabian Low-Cost Carrier Flynas is in Talks for an Airbus SE Jet Order – Reports
Saudi Arabian low-cost carrier Flynas is in talks for an Airbus SE jet order, people familiar with the matter told Bloomberg, as the main challenger to U.S.-based Boeing eyes major deals from growing Middle East carriers.
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Startup Airline Riyadh Air Reveals New Livery Design
Riyadh Air unveiled what’s being called the first of two livery designs, described as “a perfect blend of cutting-edge technology and timeless elegance.”
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Saudi Center for Commercial Arbitration CEO Dr. Hamed Merah joins The 966, LIV Golf in DC and much more…
The 966 talks about the state of business dispute resolution in Saudi Arabia with the CEO of the Saudi Center for Commercial Arbitration, Dr. Hamed Merah, who joins from Riyadh. The 966 talks with Dr. Merah about the SCCA’s rise as a leading dispute resolution body in the region and increasingly, globally. As Saudi Arabia […]
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Neom’s progress and opening date, Syria comes in from the cold, the Rua Al-Madinah giga-project and much more
Episode 86! The hosts fly solo today with lots to discuss from a busy week in Saudi Arabia. Richard’s One Big Thing is the recent developments on Saudi-Syria relations. Syria has come in from the cold in recent days as the Arab League and Saudi Arabia in particular prioritize engagement with Assad regime to solve […]
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Top U.S. Commercial Officer in KSA James Golsen, U.S.-Saudi trade after the Boeing-Riyadh Airways deal, and experiencing Al-Ula
In Episode 80 of The 966 Podcast, Mr. James Golsen, Senior Commercial Officer for Saudi Arabia and Bahrain, discusses his work building U.S.-Saudi trade and business relations and his journey to the important post. The 966 hosts talk with James about his role building U.S.-Saudi trade relations and enhancing investment opportunities in Saudi Arabia. They also […]
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White House and Embassy of Saudi Arabia release statements lauding ‘landmark’ purchase of Boeing aircraft
White House Press Secretary Karine Jean noted that the agreements will anchor Saudi Arabia’s new international airline together with support for a new international airport. The partnership is another milestone in eight decades of cooperation between Saudi Arabia.
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Saudi Arabia’s New National Airline, Riyadh Air, Names CEO and Eyes Billions in Boeing-Made 787s
Saudi Arabia launched a new airline, Riyadh Air, and named an industry-veteran CEO in Tony Douglas for the new company this week. The airline, along with current state-flag carrier Saudi Airlines (Saudia) signed an agreement for an order of 72 Boeing-made airplanes.
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Saudi Arabia’s Flynas Eyes Overseas Expansion in Bid to Reach Top 5 Lowcost Carriers Globally
Saudi Arabia-based low-cost carrier Flynas said its board approved establishing local units outside the Kingdom’s borders in two more countries “as part of a plan to become the Middle East’s largest discount airline and one of the five biggest globally,” Bloomberg reports.
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Middle East Regional Carriers to Spend $765 billion by 2040 on Fleet Expansion, Boeing Says
Carriers in the Middle East are set to expand its fleet with an additional 2,980 commercial jets in the next two decades, spending upwards of $765 billion on new planes, major supplier Boeing said on Monday in Dubai. The new planes will be required to meet the strongly recovering demand for both passenger and cargo […]
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Airbus Beats Boeing for Deliveries in 2024
Boeing’s deliveries of commercial aircraft have faltered in the first three months of the year, according to the company’s reports, published yesterday. The U.S. aircraft manufacturer delivered just 83 planes in Q3, down from 130 in the same three-month period of last year. In the meantime, its sole major competitor, Europe’s Airbus, saw an uptick in Q1, having delivered 142 of their planes, marking an increase from their Q1 2023 figure of 127.
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Boeing latest to apply for Saudi HQ under government’s new rules
Boeing Co. applied for a license to establish its Middle Eastern headquarters in Riyadh as the Saudi government increasingly pressures businesses to boost their local presence. The US commercial aircraft manufacturer lodged its formal application “a few days ago” and is working with the Ministry of Investment for approval, Asaad Aljomoai, president of Boeing Saudi Arabia, said at the World Defense Show in Riyadh.
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Saudi Arabia discussing potential F-15EX buy, Boeing says
“We have a number of products in our portfolio that are of interest,” he said at the event on 5 February. The discussions also involved Boeing Defense, Space & Security (BDS) chief executive Ted Colbert. Vince Logsdon, BDS vice-president, international business development, confirms that the F-15EX is “one of the biggest things that we’re talking about right now”.
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Boeing Saudi and Bahri Logistics team up for supply chain enhancement
The supply chain and distribution sectors within Saudi Arabia are poised for growth thanks to a new partnership between Boeing’s local subsidiary and Bahri Logistics. According to a press release, the aircraft industry company aims to enhance its supply chain operations in the Kingdom through the agreement, with a specific focus on elevating the cargo firms’s role in supporting services and defense-related products. The partnership will explore various opportunities, including freight forwarding, warehousing, inventory management, and performance-based consulting. This will leverage Bahri Logistics’ established capabilities and supply channels in the region.
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Emirates’ Clark Says Blowout Illustrates Boeing’s Quality Lapses
Emirates President Tim Clark, a powerful voice in the aviation community as the biggest buyer of widebody aircraft, said the accident on a Boeing Co. 737 Max aircraft on Jan. 5 marks a setback for the manufacturer just as it seeks to improve operations.
“They’ve had quality control problems for a long time now, and this is just another manifestation of that,” Clark said in an exclusive interview at his office in Dubai. “I think they’re getting their act together now, but this doesn’t help.”
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Boeing aims to ‘stabilize’ defense business as it pitches Mideast countries
The Dubai Air Show opened with a whopping win for the company’s commercial business: a $52 billion purchase of widebody airliners from Emirates, followed by other orders, including a rebuy of 737 Maxes by Ethiopian Airlines. And on the defense side, NATO announced yesterday that it would buy six Boeing surveillance aircraft, the E-7 Wedgetail, marking another international win for the program. That all came just weeks after the company told investors that its defense business was proving harder to turn around than expected amid high-profile program delays and losses on fixed-price contract
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Saudi Arabia an ‘extremely important’ global aviation player: Boeing President
Boeing’s president has described Saudi Arabia’s aviation industry – which includes the Kingdom’s newest airline Riyadh Air, state-owned Saudia, its low-cost unit flyadeal, and flynas – as “incredibly important” in the global aviation space.
In an interview on Tuesday on the sidelines of the Dubai Airshow, which is taking place in the United Arab Emirates this week, Dr. Brendan Nelson, senior vice president of The Boeing Company and president of Boeing Global, told Al Arabiya English that they want to work hand-in-hand with Saudi Crown Prince Mohammed Bin Salman to achieve the Kingdom’s Vision 2030 goals.
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Boeing Closes In on Major Deal With Emirates for 777X Jets
Already the biggest buyer of the 777X, Emirates is poised to order a high double-digit number of the widebody, said the people, asking not to be identified discussing private negotiations. As part of the deal, regional affiliate FlyDubai could take on some orders for the smaller 787 Dreamliner earmarked for Emirates, the people said. Boeing and Emirates declined to comment.
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Saudi Arabian Private Boeing 747 Flies Neymar From Europe
Neymar Jr.'s private flight from Europe to the Middle East on a Boeing 747 was the most tracked flight on FlightRadar24.com. The Boeing 747 aircraft used for the flight is owned by The Kingdom Holding Company, which has significant investments in the Saudi Arabian aviation market. Neymar Jr. has a fleet of private aerial transport, including two private airplanes and a helicopter, at his disposal.
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Boeing to lift 737 MAX output to 38/month ‘pretty soon’
Boeing (BA.N) expects to increase production of its best-selling 737 MAX to 38 jets a month "pretty soon," but the company is likely to see supply chain instability at every rate increase, the head of Boeing Commercial Airplanes (BCA) said Sunday. Boeing had planned to bolster 737 MAX production from its current 31 jets per month before the end of the year, but that could occur "sooner rather than later," BCA CEO Stan Deal told reporters during a roundtable ahead of the Paris Airshow. However, he warned that the supply chain continues to be a challenge, with new issues constantly being found.
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