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Travel & Leisure

Saudi Arabia aims to tap tourism demand with new Riyadh Air

State-owned carrier to compete with likes of Emirates and Cathay

Riyadh Air announces its first order of Boeing Dreamliners at an event in the Saudi Arabian capital on March 14.    © Getty Images

DUBAI -- Saudi Arabia will launch another state-owned airline in early 2025, entering an already crowded field as Gulf states turn to tourism in a bid to decrease their dependence on oil revenue.

Riyadh Air, which will be based in the Saudi capital, aims to fly to 100 destinations by 2030 and capture a large share of the Asian market, according to the CEO Tony Douglas, who spoke with Nikkei Asia.

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