Saudi Airlines has received positive appraisals for its flight schedule punctuality and reliability, according to a study conducted by FlightStats.com.
Loyal passengers rejoiced and expressed their delight saying that Saudia deserved to be one of the top airlines in the world.
FlightStats.com, a major provider of day-of-travel service and applications in the travel industry ranked Saudi Arabian Airlines ninth among 50 other major international airlines in its July On-Time Arrivals list. Saudia boasted 86.93 on-time percentage figure, an indication that it possesses higher rates of on-time arrival and departure compared to the other passenger planes.
The Kingdom’s national airline currently possesses 139 aircraft, including a number of high-end wide class jets available in the market like B747-400s, B747-300s, B747-100s, B777-200s, Airbus A300-600s, MD-11s and MD90s.
“FlightStats.com did justice to the performance of Saudi Arabian Airlines,” Choy Fernandez, a Filipino expatriate working at Arabian Manufacturing and Electrical Services Company, told Arab News.
“When I flew Saudi Airlines last May, I was impressed by its on-time flight schedule, unlike other planes,” Fernandez added.
Racquel Gangano, a Filipino expatriate and a Saudi Airlines passenger for nine years, said: “Saudia was not an early bird years ago. Saudia really improved during the past few years especially with regards to its flight punctuality. Back in 2004, we experienced an almost 1-day flight delay with Saudi Arabian Airlines, causing us much distress,” he added. Saudia was also praised for its Al-Fursan lounges.
Meanwhile, Saudi Arabian Airlines said in an official statement that it has completed its preparations to operate its first flight to Toronto, Canada as a part of its mission to expand its international operations.
Air travelers laud Saudia for punctuality, reliability
Air travelers laud Saudia for punctuality, reliability
Closing Bell: Saudi main index closes in red at 10,947
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 208.20 points, or 1.87 percent, to close at 10,947.25.
The total trading turnover of the benchmark index was SR4.80 billion ($1.28 billion), as 14 of the listed stocks advanced, while 253 retreated.
The MSCI Tadawul Index decreased, down 25.35 points, or 1.69 percent, to close at 1,477.71.
The Kingdom’s parallel market Nomu lost 217.90 points, or 0.92 percent, to close at 23,404.75. This came as 24 of the listed stocks advanced, while 43 retreated.
The best-performing stock was Musharaka REIT Fund, with its share price up 2.12 percent to SR4.34.
Other top performers included Al Hassan Ghazi Ibrahim Shaker Co., which saw its share price rise by 1.18 percent to SR17.20, and Saudi Industrial Export Co., which saw a 0.8 percent increase to SR2.51.
On the downside, Abdullah Saad Mohammed Abo Moati for Bookstores Co. was among the day’s biggest decliners, with its share price falling 9.3 percent to SR39.
National Medical Care Co. fell 8.98 percent to SR128.80, while National Co. for Learning and Education declined 6.35 percent to SR116.50.
On the announcements front, Red Sea International said its subsidiary, the Fundamental Installation for Electric Work Co., has entered into a framework agreement with King Salman International Airport Development Co.
In a Tadawul statement, the company noted that the agreement establishes the general terms and conditions for the execution of enabling works at the King Salman International Airport project in Riyadh.
Under the 48-month contract, the scope of work includes the supply, installation, testing, and commissioning of all mechanical, electrical, and plumbing systems.
Utilizing a re-measurement model, specific work orders will be issued on a call-off basis, with the final contract value to be determined upon the completion and measurement of actual quantities executed.
The financial impact of this collaboration is expected to begin reflecting on the company’s statements starting in the first quarter of 2026, the statement said.
The company’s share price reached SR23.05, marking a 2.45 percent decrease on the main market.
