Saudi Arabia Attracts Airlines, Opens New Routes in 2024

A Saudi budget airline Flynas Airbus A320-200 plane flies over the Red Sea resort of Sharm el-Sheikh, south of Cairo, Egypt December 15, 2018. (Reuters)
A Saudi budget airline Flynas Airbus A320-200 plane flies over the Red Sea resort of Sharm el-Sheikh, south of Cairo, Egypt December 15, 2018. (Reuters)
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Saudi Arabia Attracts Airlines, Opens New Routes in 2024

A Saudi budget airline Flynas Airbus A320-200 plane flies over the Red Sea resort of Sharm el-Sheikh, south of Cairo, Egypt December 15, 2018. (Reuters)
A Saudi budget airline Flynas Airbus A320-200 plane flies over the Red Sea resort of Sharm el-Sheikh, south of Cairo, Egypt December 15, 2018. (Reuters)

CEO of the Saudi Air Connectivity Program Majid Khan said the program has successfully attracted 12 new airlines, added 20 new destinations, and increased seating capacity by more than 1.5 million this year.

Speaking at the Routes Conference, underway in Bahrain from Oct. 6-8, Khan explained that the Air Connectivity Program is responsible for linking all 29 airports in Saudi Arabia. The program also serves as a central point to ensure the achievement of the Kingdom’s tourism goals, which include reaching 150 million tourists by 2030.

Khan emphasized the importance of developing sufficient direct flight capacity to Saudi Arabia to enable tourists worldwide to travel directly to the Kingdom, rather than via indirect routes.

Rashed Al-Shammari, Executive Vice President of Aviation Development at the Air Connectivity Program, told Asharq Al-Awsat that the Routes Conference brings together key aviation stakeholders in Bahrain, adding that the Saudi participation highlights the Kingdom’s tourist destinations and the program’s role in linking the National Tourism Strategy with the National Aviation Strategy.

Al-Shammari noted that the program aims to create new direct air routes and enhance existing ones to connect Saudi Arabia to more than 250 destinations worldwide.

He pointed to over 100 scheduled meetings during the event with global aviation industry leaders to negotiate new partnerships and promote Saudi Arabia’s geographic location and role in the aviation sector.

Al-Shammari further stressed that adding new flights and expanding existing routes would support the regional growth of the tourism ecosystem.

Over the three-day conference, the program is showcasing services and opportunities to strengthen Saudi Arabia’s air connectivity, targeting key international markets.

Launched in 2021, the Air Connectivity Program aims to boost tourism in Saudi Arabia by boosting air links between the Kingdom and the world.

The program acts as the executive enabler of both the National Tourism Strategy and the National Aviation Strategy. It seeks to foster collaboration and build partnerships between key players in the public and private sectors in both tourism and aviation to elevate Saudi Arabia’s position as a leading global destination.



TotalEnergies Reportedly Considers Foray Into Copper Trading

FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa
FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa
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TotalEnergies Reportedly Considers Foray Into Copper Trading

FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa
FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa

France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalize on the global energy transition, the Financial Times reported on Sunday.
The oil major has been "studying the case" for trading copper, Rahim Azouni, senior vice president of crude, fuel and derivatives trading, told a closed-door conference in London on Wednesday, the FT said.
Azouni said the company has not decided whether to make move, the newspaper said, citing people who had heard his remarks.
TotalEnergies did not immediately respond to Reuters request for comment.
The company would be following Vitol, the world's top energy trader, which this year diversified into metals trading.
The energy transition, which includes electric vehicles and renewable energy technologies, will need large volumes of metals including aluminium, copper, nickel cobalt - providing lucrative opportunities for traders.