Category
🗞
NewsTranscript
00:00 We had a very warm discussion this morning, where we had leaders of the minds who are
00:10 of the highest levels and who provide the global financial services and this global sector.
00:16 We are talking about the risks and expectations of the future and so on.
00:21 And I have always, since I have worked in the field of air transport and trade for more
00:26 than 30 years, we have always faced a state of uncertainty.
00:31 In this world, we are always facing geopolitical tensions and their implications, economic
00:38 challenges, challenges in the organizational frameworks, weak cases, in addition to crises
00:46 such as fuel, technology and so on.
00:50 And this is a long list, which I can guarantee with the future, and if we discover the future,
00:56 we will always face a state of uncertainty and uncertainty.
00:59 For us, as Riyadh Airlines, what we focus on is a short period, up to the second quarter
01:07 of 2025, where we will provide our services to the citizens of the Kingdom of Saudi Arabia
01:13 and to the travelers who want to have flights through Riyadh and other places.
01:20 Until we reach this stage, all major airlines will face great challenges.
01:27 And of course, this is part of the process.
01:30 When you look at the region, we are seeing that we have competitive markets in the air
01:36 transport sector.
01:38 Why do we need Riyadh Airlines?
01:41 Do we need an additional air carrier in the region, especially in the Kingdom?
01:46 The Kingdom of Saudi Arabia needs Riyadh, which has a population of 8 million people,
01:53 needs this airline.
01:55 We are talking about a country that is a member of the 22 countries and its economy is the
02:02 fastest growing internationally among the 22 countries for the past year.
02:07 And we need to make sure that Riyadh has enough connections.
02:12 I have traveled to 50 cities in the past month, most of these cities had to use Qatar Airways
02:18 or UAE Airlines because of the lack of connection flights.
02:22 To be a member of a group of 20,000 is unacceptable.
02:26 We have the largest population in this Arabian island and they need to reach other cities
02:33 to be able to use Qatar Airways.
02:37 And we as Riyadh Airlines have taken this responsibility and we have of course entered
02:44 a new model, a new trade mark, which is really reflecting this big country.
02:50 And today we have this country that has become digital and has the greatest dependence on
02:56 these new technologies.
02:58 And so the way of interaction between Riyadh Airlines and other sectors will be through
03:05 these new technologies.
03:07 The goal is clear because we also aim to achieve the 2030 vision and what better example we
03:14 have of a successful economy in the world that does not have connections through its airlines.
03:21 So the initial plan for Riyadh is to serve more than 100 destinations.
03:28 And what is the number of aircrafts that you need to reach more than 100 destinations?
03:34 And what is the number of aircrafts that you have requested and when will you receive them?
03:38 So we will connect in the first five years to work on providing flights to more than
03:46 100 destinations.
03:48 And this is a great speed for any historical airline to reach these destinations in this
03:54 short period.
03:56 We have clearly indicated our ambitions for the beginning of this year and we have submitted
04:02 requests for 72 Boeing Dreamliner aircrafts from 9, 7, 8, 7.
04:11 And now we have 39 confirmed aircrafts and 33 additional wide-body aircrafts.
04:18 So 39 plus 33 will be 72 in the short period.
04:23 So we will need only 39 aircrafts to reach 100 destinations.
04:26 It seems like you are getting ready for the Dubai Airshow.
04:34 Yes, the Dubai Airshow has all these ideas and these new announcements.
04:38 Will you be presenting them to us?
04:41 But there is a very important news that the media has agreed to look for.
04:46 We have launched our first 787 Dreamliner Boeing in the beginning of June at the Paris
04:54 Airshow.
04:55 And we have received positive feedback in the markets.
04:59 We have designed this aircraft to look like a real, luxurious aircraft.
05:08 And of course, this aircraft, with its elegant, beautiful and advanced design, reflects the
05:14 new trends.
05:16 We have said that of course we have two sets of aircrafts and in the airshow we will present
05:23 a second design.
05:25 And of course, this second design will be a beautiful design for our aircrafts and even
05:31 more beautiful than the first design.
05:34 It is known that Riyadh Air is having a year of activities.
05:39 So let's talk about some of the financial aspects and the justifications that you say
05:46 that we should invest now.
05:49 But who asked you to make this decision?
05:53 Well, I think that the first thing that we should do is to invest in the first generation
05:59 of aircrafts.
06:00 And we have a very good relationship with the first generation of aircrafts.
06:04 And we have a very good relationship with the first generation of aircrafts.
06:08 And we have a very good relationship with the first generation of aircrafts.
06:12 And we have a very good relationship with the first generation of aircrafts.
06:16 And we have a very good relationship with the first generation of aircrafts.
06:20 And we have a very good relationship with the first generation of aircrafts.
06:24 And we have a very good relationship with the first generation of aircrafts.
06:28 And we have a very good relationship with the first generation of aircrafts.
06:32 And we have a very good relationship with the first generation of aircrafts.
06:36 And we have a very good relationship with the first generation of aircrafts.
06:40 And we have a very good relationship with the first generation of aircrafts.
06:44 And we have a very good relationship with the first generation of aircrafts.
06:48 And we have a very good relationship with the first generation of aircrafts.
06:52 And we have a very good relationship with the first generation of aircrafts.
06:56 And we have a very good relationship with the first generation of aircrafts.
07:00 And we have a very good relationship with the first generation of aircrafts.
07:04 And we have a very good relationship with the first generation of aircrafts.
07:08 And we have a very good relationship with the first generation of aircrafts.
07:12 And we have a very good relationship with the first generation of aircrafts.
07:16 And we have a very good relationship with the first generation of aircrafts.
07:20 And we have a very good relationship with the first generation of aircrafts.
07:24 And we have a very good relationship with the first generation of aircrafts.
07:28 And we have a very good relationship with the first generation of aircrafts.
07:32 And we have a very good relationship with the first generation of aircrafts.