Kuwait's Jazeera Airways is starting a budget airline in Saudi Arabia along with its partners in the kingdom.
In a statement on Tuesday, Jazeera Airways said the low-cost airline, to be based at the King Fahd International Airport in Dammam, is being established in line with Saudi Arabia’s Vision 2030 economic transformation programme, which seeks to expand the tourism and aviation sector.
“Co-ordination is under way with the regulatory authorities in the kingdom to complete procedures to obtain the necessary licences in accordance with the applicable laws,” Jazeera Airways said.
The announcement comes days after Saudi Crown Prince Mohammed bin Salman announced the creation of new national airline, Riyadh Air, on Sunday.
Riyadh Air will be wholly owned by Saudi Arabia's Public Investment Fund (PIF), which has about $620 billion in assets under management and backs strategic sectors central to the kingdom's economic diversification plans.
Saudi Arabia's second national airline will connect the capital Riyadh to more than 100 destinations around the world by 2030, leveraging the country's strategic geographic location between Asia, Africa and Europe, the PIF said.
Riyadh Air is expected to contribute 75 billion Saudi riyals ($20 billion) to the country's non-oil gross domestic product growth and to create more than 200,000 direct and indirect jobs.
Saudi Arabia has invested billions of dollars in developing its tourism industry and aims to position itself as a global transport and logistics hub that will attract tourists, diversify its economy and reduce its reliance on oil.
The kingdom's Saudi Aviation Strategy calls for annual passenger traffic to be tripled to 330 million by 2030, boosting the number of destinations to 250 from 99 at present and establishing a new flag carrier.
This strategy is backed by $100 billion in investments from the government and private sector.
Saudi Arabia's Prince Mohammed last November announced that a new airport will be opened in Riyadh with six parallel runways and designed to accommodate up to 120 million travellers by 2030.
Jazeera Airways, whose first flight was on October 30, 2005, posted a record annual profit for 2022.
The airline's net profit nearly tripled, soaring to 20.1 million Kuwaiti dinars ($66 million) from 7.1 million dinars in 2021. The airline tripled the number of passengers it carried last year, reaching 3.6 million.
In January 2022, the airline's board approved a $3.4 billion deal to buy 28 narrow-body aircraft from Airbus after signing a preliminary agreement at the Dubai Airshow in November 2021. The deal included 20 A320 Neos and eight A321 Neos.
Jazeera Airways currently operates a fleet of Airbus A320 aircraft with a two-class cabin, providing both business and economy services. It also runs cargo flights.
The airline operates 19 aircraft serving 59 destinations across the Middle East, Central and South Asia, Africa and Europe.
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THE SPECS
GMC Sierra Denali 1500
Engine: 6.2-litre V8
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Power: 420hp
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
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Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
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Engine: 2.0-litre 4-cylinder turbo
Power: 240hp at 5,500rpm
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Transmission: eight-speed auto
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AT4 Ultimate, as tested
Engine: 6.2-litre V8
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Torque: 623Nm
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The%20pillars%20of%20the%20Dubai%20Metaverse%20Strategy
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
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The specs
Engine: 5.0-litre supercharged V8
Transmission: Eight-speed auto
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The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
The specs
Engine: 3.0-litre 6-cyl turbo
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Transmission: 8-speed auto
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The specs
Engine: 3.0-litre twin-turbo flat-six
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Sting & Shaggy
44/876
(Interscope)
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GAC GS8 Specs
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Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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The five pillars of Islam
COMPANY%20PROFILE
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MATCH INFO
Day 2 at Mount Maunganui
England 353
Stokes 91, Denly 74, Southee 4-88
New Zealand 144-4
Williamson 51, S Curran 2-28