Riyadh Air signs 5-year deal to use GE Aerospace’s software

Riyadh Air signed a five-year agreement on Monday to use GE Aerospace’s flight operations software, the airline has announced. (Supplied/Riyadh Air)
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Updated 23 July 2024
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Riyadh Air signs 5-year deal to use GE Aerospace’s software

  • Partnership will equip airline with data-driven analytics

LONDON: Riyadh Air signed a five-year agreement on Monday to use GE Aerospace’s flight operations software, the airline has announced.

The partnership will equip the new Saudi Arabian airline with data-driven analytics to optimize fuel consumption, enhance safety measures, and fortify its sustainability initiatives, a statement said.

It added that the Fuel Insight software will help Riyadh Air position itself as a leader in sustainable aviation.

The airline will also use real-time Flight Data Monitoring and Flight Operations Quality Assurance to ensure high standards of safety and quality across its advanced fleet.

Riyadh Air’s use of FlightPulse technology will allow pilots to identify opportunities for improvement and help maintain best practices in safety and efficiency across the airline’s flight operations.

Peter Bellew, chief operating officer at Riyadh Air, said: “Sustainability and efficiency sit at the core of our operations.

“Our collaboration with GE Aerospace represents a significant advancement in adopting state-of-the-art technology to enhance safety protocols, streamline fuel usage, and uphold our dedication to operational excellence, as we are currently preparing for flight trials and working towards obtaining AOC certification, starting (in) September 2024.”

Andrew Coleman, general manager of software at GE Aerospace, said: “With an incredible partner like Riyadh Air, we are thrilled to see our decades of research, development, and innovation empower their transformative digital journey to help them set new benchmarks for operational excellence, safety standards, and more sustainability in the skies.”


Closing Bell: Saudi main index closes in red at 11,183

Updated 16 February 2026
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Closing Bell: Saudi main index closes in red at 11,183

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 44.79 points, or 0.4 percent, to close at 11,183.85.

The total trading turnover of the benchmark index was SR4.05 billion ($1.08 billion), as 69 of the listed stocks advanced, while 191 retreated.

The MSCI Tadawul Index decreased, down 6.63 points or 0.44 percent, to close at 1,504.73.

The Kingdom’s parallel market Nomu lost 328.20 points, or 1.36 percent, to close at 23,764.92. This comes as 22 of the listed stocks advanced, while 49 retreated.

The best-performing stock was Maharah Human Resources Co., with its share price surging by 7.26 percent to SR6.50.

Other top performers included Arabian Cement Co., which saw its share price rise by 6.27 percent to SR22.71, and Saudi Research and Media Group, which saw a 4.3 percent increase to SR104.30.

On the downside, the worst performer of the day was Arabian Internet and Communications Services Co., whose share price fell by 8.01 percent to SR207.80.

Jahez International Co. for Information System Technology and Al-Rajhi Co. for Cooperative Insurance also saw declines, with their shares dropping by 5.61 percent and 4.46 percent to SR12.79 and SR75, respectively.

On the announcement front, Etihad Etisalat Co. announced its financial results for 2025 with a 7.9 percent year-on-year growth in its revenues, to reach SR19.6 billion.

In a Tadawul statement, Mobily said that this growth is attributed to “the expansion of all revenue streams, with a healthy growth in the overall subscriber base.”

Mobily delivered an 11.6 percent increase in net profit, reaching SR3.4 billion in 2025 compared to SR3.1 billion in 2024.

The company’s share price reached SR67.85, marking a 0.37 percent increase on the main market.