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00:00 A continuous growth that the Saudi Airlines is experiencing
00:03 driven by the government's plans to expand air transportation services
00:07 and the launch of the main route to King Salman Airport
00:11 which aims to receive 100 million passengers annually by 2030
00:17 And the development of the sector recently
00:19 The announcement of the largest deal in the history of Saudi Airlines with Airbus
00:23 in total 105 planes for the Saudi Airlines and Adel Airlines
00:28 worth 19 billion dollars
00:31 which was announced at the Future of Airlines conference
00:35 For airlines, there are big investments
00:38 You have the new Riyadh Airlines
00:41 which is a public investment fund
00:45 and announced the acquisition of a deal for planes
00:49 with a body width of more than 78 confirmed planes
00:54 and 40 optional planes
00:56 and it has big ambitions in more options
01:02 and it will launch its first flights in the coming year
01:06 The Saudi Airlines which will unify its operations
01:09 and build the main route to King Abdulaziz Airport in Jeddah
01:15 with the employment of all its current fleet
01:19 which exceeds 150 planes
01:21 and the new deals announced by 40 body width planes
01:26 and 105 planes today
01:28 So a deal with 105 planes
01:31 Saudi Airlines aims to expand its air fleet
01:35 and they will have a positive impact on increasing air travel in the country
01:40 And the Kingdom seeks to attract more investors
01:43 and local and foreign employers
01:46 to the airline sector
01:48 to serve its current expansion plans
01:51 The economy plan was created in October 2023
01:54 We launched it and announced it
01:56 Its main goal is to create competitiveness and transparency in the airline sector
02:02 This enables more and more investments
02:05 not only in the airline sector but also in the ground services
02:09 In addition to the announcement by Saudi Airlines and FlyAdeal
02:14 that the airline sector will be able to operate in general
02:18 the Singapore Airlines was also announced today
02:21 as one of the biggest carriers in Asia
02:25 and their investment was in Dammam and Riyadh
02:28 and today, thanks to God, they signed a 25-year contract with Jeddah Airports
02:34 to provide them with a presence in the Kingdom
02:37 So not only in the airline sector but also in the ground services
02:41 through financing and public flights
02:44 In the second airport company, we have a clear strategic plan
02:48 that is in line with the national strategy for logistics
02:52 and the national strategy for flights
02:55 that was adopted by Mr. Waleed Al-Ahed
03:00 Today, the capacity of the airports is about 11 million
03:05 We have a clear plan and a goal to reach 43 million in 2030
03:10 Today, we have a list of projects
03:13 such as Taif Airport, Abha Airport, Juhzan Airport, Al-Baha Airport, Najaf Airport
03:21 These are all projects to raise the capacity
03:26 which will reach 43 million passengers by the end of 2030
03:31 It is expected that the total investment opportunities in the airline sector in the Kingdom
03:37 will reach 100 billion dollars
03:40 Al-Shamrissi gave it an Arabic name, Riyadh