King Khalid International Airport, Cathay Pacific Announce Regular Flights between Riyadh, Hong Kong

A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri Purchase Licensing Rights
A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri Purchase Licensing Rights
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King Khalid International Airport, Cathay Pacific Announce Regular Flights between Riyadh, Hong Kong

A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri Purchase Licensing Rights
A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri Purchase Licensing Rights

The King Khalid International Airport, managed and operated by Riyadh Airports Company, launched a collaboration with Cathay Pacific to operate regular flights between Riyadh and Hong Kong with three flights per week as of October 28.
Riyadh Airports Company CEO Ayman AboAbah said that launching direct flights between Hong Kong and Riyadh with Cathay Pacific is the outcome of joint efforts between Riyadh Airports Company and the Saudi Air Connectivity Program (ACP) to enhance air transport flow between the capital’s airport and international destinations, aligning with their commitment to supporting the national goals of Saudi Vision 2030, SPA reported.
CEO of the ACP Majid Khan also said that launching these flights will upgrade the air connectivity network in the Kingdom, eventually attracting more tourists as travelers from Hong Kong and the Cathay Pacific network, including Australia, New Zealand, and the Southeast Asia region, will be able to explore the tourism potentials in the Kingdom.
Cathay Pacific's Chief Customer and Commercial Officer Lavinia Lau noted that this new service will enhance the commercial and cultural ties between Hong Kong and the Kingdom.
Cathay Pacific has designated the A350-900 Airbus to undertake these flights, which accommodates up to 280 passengers.



Maersk Rules Out Suez Canal Return Until 'Well Into 2025'

Maersk containers are transported by train in Ronda, Spain October 27, 2024. REUTERS/Jon Nazca
Maersk containers are transported by train in Ronda, Spain October 27, 2024. REUTERS/Jon Nazca
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Maersk Rules Out Suez Canal Return Until 'Well Into 2025'

Maersk containers are transported by train in Ronda, Spain October 27, 2024. REUTERS/Jon Nazca
Maersk containers are transported by train in Ronda, Spain October 27, 2024. REUTERS/Jon Nazca

Danish shipping group A.P. Moller-Maersk said on Thursday it expects strong demand for shipping goods around the globe to continue in the coming months, though does not expect to resume sailing through the Suez Canal until "well into 2025.”
Attacks on vessels in the Red Sea by Iran-aligned Houthi militias have disrupted a shipping route vital to east-west trade, with prolonged re-routing of shipments pushing freight rates higher and causing congestion in Asian and European ports.
"There are no signs of de-escalation and it is not safe for our vessels or personnel to go there ... Our expectation at this point is that it will last well into 2025," Chief Executive Vincent Clerc told journalists, according to Reuters.
Maersk, viewed as a barometer of world trade, said in January it was diverting all container vessels from Red Sea routes around Africa's Cape of Good Hope for the foreseeable future.
The company said on Thursday it had seen strong demand in the third quarter especially driven by exports out of China and Southeast Asia.
Clerc said he saw no signs of a slowdown in volumes from Europe or North America in the coming months.
Maersk also confirmed robust preliminary third-quarter earnings released on Oct. 21 driven by high freight rates, when it also raised its full-year forecasts citing solid demand and the continuing disruption to shipping in the Red Sea.
Maersk's shares rose 2.4% by 0957 GMT.