Overview

• Riyadh Air, backed by Saudi Arabia's sovereign-wealth fund, plans to start passenger flights next summer.
• Delta and Riyadh Air will initially focus on codesharing, subject to regulatory approval.
• The partnership could evolve into a joint venture with antitrust immunity, allowing collaboration on pricing and revenue sharing.
• Saudi Arabia is investing heavily in tourism to diversify its economy, including developing luxury resorts and entertainment destinations.
• Current U.S. travel advisories for Saudi Arabia highlight risks such as terrorism and legal restrictions on tourists.