Riyadh Air receives Air Operator Certificate, set to launch flights in 2025

The airline, owned by the Public Investment Fund, was granted the Air Operator Certificate after successfully meeting all regulatory, safety, and operational standards.
Short Url
Updated 06 April 2025
Follow

Riyadh Air receives Air Operator Certificate, set to launch flights in 2025

RIYADH: Saudi Arabia’s Riyadh Air has received approval from the General Authority of Civil Aviation to commence its flight operations, according to a statement released on Sunday.

The airline, owned by the Public Investment Fund, was granted the Air Operator Certificate after successfully meeting all regulatory, safety, and operational standards.

This milestone aligns with Riyadh Air’s goal of connecting over 100 international cities by 2030 and contributing more than $20 billion to the Kingdom’s economy.

Additionally, the airline aims to enhance the travel experience by leveraging digital technology to streamline bookings and airport procedures, catering to Saudi Arabia’s young, tech-savvy population, as highlighted by CEO Tony Douglas.

During the certificate delivery ceremony, Saudi Minister of Transport and Logistics Saleh Al-Jasser told Al-Ekhbariya: “We congratulate Riyadh Air, the Public Investment Fund, and the Saudi citizens on the successful completion of the licensing process and the official issuance of the Air Operator Certificate.”

He further emphasized that Riyadh Air is now fully certified to operate, marking a significant milestone in the initiative set in motion by Crown Prince Mohammed bin Salman’s strategy, which tasked PIF with launching the carrier.

“Establishing an airline of this scale is a monumental task, but the process is progressing smoothly. We are now in the final stages, with the next step being the launch of the first flight before the end of this year,” the minister remarked.

Al-Jasser also highlighted that the Kingdom is in the midst of restructuring its aviation infrastructure and launching several initiatives aimed at advancing the country’s aviation sector.

“The transport strategy includes restructuring the aviation sector, transitioning from a single operator model to a multi-operator system,” he said.

The minister added: “King Salman International Airport Development Co. is making steady progress in finalizing the airport’s design, with construction already underway. This comprehensive project includes passenger terminals, runways, private aviation facilities, and technical services, creating a fully integrated aviation city that is being developed as planned.”

Al-Jasser further noted that development projects are ongoing at airports in Jazan, Hail, and Qassim, as well as in Al-Baha, Abha, Taif, and Al-Jouf.

“Saudi airports have made significant strides in regulations, legislation, and services, which have attracted investments, strengthened passenger rights, and enhanced service quality,” he said.

The minister also emphasized: “We’ve expanded from 100 destinations connected to the Kingdom’s airports to 172 destinations, with the aviation strategy being a comprehensive plan for the future.”


Education spending surges 251% as students return from autumn break: SAMA

Updated 12 December 2025
Follow

Education spending surges 251% as students return from autumn break: SAMA

RIYADH: Education spending in Saudi Arabia surged 251.3 percent in the week ending Dec. 6, reflecting the sharp uptick in purchases as students returned from the autumn break.

According to the latest data from the Saudi Central Bank, expenditure in the sector reached SR218.73 million ($58.2 million), with the number of transactions increasing by 61 percent to 233,000.

Despite this surge, overall point-of-sale spending fell 4.3 percent to SR14.45 billion, while the number of transactions dipped 1.7 percent to 236.18 million week on week.

The week saw mixed changes between the sectors. Spending on freight transport, postal and courier services saw the second-biggest uptick at 33.3 percent to SR60.93 million, followed by medical services, which saw an 8.1 percent increase to SR505.35 million.

Expenditure on apparel and clothing saw a decrease of 16.3 percent, followed by a 2 percent reduction in spending on telecommunication.

Jewelry outlays witnessed an 8.1 percent decline to reach SR325.90 million. Data revealed decreases across many other sectors, led by hotels, which saw the largest dip at 24.5 percent to reach SR335.98 million. 

Spending on car rentals in the Kingdom fell by 12.6 percent, while airlines saw a 3.7 percent increase to SR46.28 million.

Expenditure on food and beverages saw a 1.7 percent increase to SR2.35 billion, claiming the largest share of the POS. Restaurants and cafes retained the second position despite a 12.6 percent dip to SR1.66 billion.

Saudi Arabia’s key urban centers mirrored the national decline. Riyadh, which accounted for the largest share of total POS spending, saw a 3.9 percent dip to SR4.89 billion, down from SR5.08 billion the previous week.

The number of transactions in the capital settled at 74.16 million, down 1.4 percent week on week.

In Jeddah, transaction values decreased by 5.9 percent to SR1.91 billion, while Dammam reported a 0.8 percent surge to SR713.71 million.

POS data, tracked weekly by SAMA, provides an indicator of consumer spending trends and the ongoing growth of digital payments in Saudi Arabia. 

The data also highlights the expanding reach of POS infrastructure, extending beyond major retail hubs to smaller cities and service sectors, supporting broader digital inclusion initiatives. 

The growth of digital payment technologies aligns with the Kingdom’s Vision 2030 objectives, promoting electronic transactions and contributing to the nation’s broader digital economy.