Saudia tops global airline list for on-time performance in June

Saudia has been consistently ranked among the top 10 global airlines for on-time performance since last year. Saudia
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Updated 28 July 2024
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Saudia tops global airline list for on-time performance in June

  • National carrier recorded an on-time departure rate of 88.73 percent
  • King Khalid International Airport in Riyadh also secured the top position for most on-time performance

RIYADH: Saudi Arabia’s national carrier has topped the list of global airlines as it achieved an 88.22 percent on-time arrival rate in June, according to new data from the independent aviation tracking site Cirium.

Saudia also recorded an on-time departure rate of 88.73 percent, while operating 16,133 flights across its network of over 100 destinations on four continents.

The accomplishment is significant given that June is a peak travel month due to the annual Muslim Hajj pilgrimage and the summer travel season. The Kingdom saw around 2 million visitors during the Hajj season this year.

King Khalid International Airport in Riyadh also secured the top position for most on-time performance globally in June for the second consecutive month, according to the same report.

This comes amid steady growth in Saudi Arabia’s aviation sector, which contributed $21 billion to the Kingdom’s gross domestic product in 2023, enhancing its status as a global tourism hub.

The National Transport and Logistics Strategy aims to increase the aviation industry’s GDP contribution from the current 6 percent to 10 percent by 2030.

Ibrahim Al-Omar, director general of Saudia Group, said: “This accomplishment is a realization of our strategic goals to enhance operational efficiency and quality through continuous improvements in flight scheduling and the implementation of the best digital solutions and systems for operations management.”

He added: “Maintaining a high level of on-time performance requires significant effort, as it involves overcoming numerous operational challenges in the aviation industry, such as weather conditions, high temperatures, technical issues, and other airport-related factors.” 

Saudia has been consistently ranked among the top 10 global airlines for on-time performance since last year, reflecting its commitment to high-quality standards and air safety, the company said.

Its operations are coordinated through one of the largest integrated operation control centers in the Middle East, which utilizes the latest technologies for aircraft communications to ensure smooth operations by monitoring all procedures related to aircraft takeoff and landing in real time at all domestic and international airports.

King Khalid International Airport’s top ranking by Cirium underscores its dedication to operational excellence and serves as a catalyst for ongoing improvements, said Ayman Aboabah, CEO of Riyadh Airports Co., the Saudi Press Agency reported.

“This excellence reflects our commitment to quality and operational efficiency. It motivates us to continue collaborating with various partners at King Khalid International Airport to deliver the best travel experience and the highest level of services to our passengers,” he added.

“King Khalid International Airport stands as a national landmark, showcasing the Kingdom’s status and future aspirations in line with Vision 2030’s objectives,” Aboabah also said.

He highlighted the importance of his staff’s commitment to the highest operational standards, which he said was a defining characteristic of the airport’s workforce, and their continuous efforts to enhance passenger experiences.

The recognition of King Khalid International Airport as the world’s most punctual airport follows a third-place ranking by Cirium in January. The airport advanced to first place in May and maintained this position in June, reflecting its recent rapid and notable progress.


Closing Bell: Saudi main index closes in red at 10,709

Updated 12 sec ago
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Closing Bell: Saudi main index closes in red at 10,709

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 138.89 points, or 1.28 percent, to close at 10,709.04.

The total trading turnover of the benchmark index was SR6.59 billion ($1.75 billion), as 102 of the listed stocks advanced, while 154 retreated.

The MSCI Tadawul Index decreased, down 22.40 points or 1.52 percent, to close at 1,450.58.

The Kingdom’s parallel market Nomu lost 123.85 points, or 0.54 percent, to close at 22,792.98. This came as 30 of the listed stocks advanced, while 40 retreated.

The best-performing stock was Al-Rajhi Co. for Cooperative Insurance with its share price surging by 9.96 percent to SR74.50.

Other top performers included Jazan Development and Investment Co., which saw its share price rise by 9.89 percent to SR8.33, and Gulf Insurance Group, which saw a 7.48 percent increase to SR23.

On the downside, City Cement Co. and Al Gassim Investment Holding Co. saw declines, with their shares dropping by 5.51 percent and 4.22 percent to SR11.50 and SR13.15, respectively.

On the announcement front, Almoosa Health Co. has signed a construction contract with Almajal Alarabi Group valued at SR608.85 million to complete the electrical, mechanical, and architectural finishing works for the new Almoosa Specialized Hospital in AlHofuf City. 

The agreement, finalized on Feb. 26, covers all complementary internal and external works based on approved engineering designs to ensure the facility is fully operationally ready upon completion. 

According to a Tadawul statement, work on the project will commence immediately, with an expected completion timeline of 16 months. 

Almoosa Health intends to finance the development through a combination of its own resources and long-term Shariah-compliant facilities secured from local banks, with the financial impact anticipated to begin following the hospital’s completion and commissioning.

Almoosa’s share price surged by 4.24 percent to reach SR147.50.