Delta Partners with Riyadh Air to Launch Flights to Saudi Arabia
The collaboration aims to enhance connectivity and tourism between the U.S. and Saudi Arabia, with plans for codesharing and potential joint ventures.
- 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.