DUBAI — Saudi Arabia’s Public Investment Fund (PIF) announced its new national carrier Riyadh Air on Sunday, which is expected to serve as a hub between Africa, Europe and Asia, and connect to over 100 global destinations by 2030.
The PIF, the full owners of the airline, stated that the goal of this airline over the years is to improve travelers' connection to Saudi Arabia’s cultural and natural attractions, create more than 200,000 jobs and add $20 billion to non-oil gross domestic product.