Boeing Dreamliner to Fly Riyadh Air's First Passengers in July

A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)
A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)
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Boeing Dreamliner to Fly Riyadh Air's First Passengers in July

A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)
A Riyadh Air aircraft flies over the Saudi capital, Riyadh (Public Investment Fund)

Riyadh Air, Saudi Arabia’s new national carrier wholly owned by the Public Investment Fund, is moving onto the global aviation stage through London, with an ambition that goes beyond conventional air travel.

The carrier, which reflects the Kingdom’s view of aviation as a strategic industry and economic driver, said it would open tickets to the public for direct flights between King Khalid International Airport and Heathrow Airport on its new Boeing 787-9 Dreamliner fleet from July 1, 2026.

The move is part of plans to connect Saudi Arabia to more than 100 destinations by 2030.

It follows the airline’s launch last year of its first daily flights to Heathrow, when tickets were initially available to selected groups of passengers and Riyadh Air employees under an operational program designed to ensure full readiness before the carrier receives its first aircraft from Boeing.

The program also allowed the airline to use its newly allocated operating slots at Heathrow.

Riyadh Air said bookings would open from Tuesday through its website, official app and approved travel service providers.

Travel classes

Chief Executive Tony Douglas said the launch of flights on the new aircraft marked a “milestone” for Riyadh Air and reflected its vision to redefine air travel and connect Riyadh to the world through comfort, innovation and Saudi hospitality.

The airline said its Boeing 787-9 Dreamliner aircraft would feature four travel classes, Business Elite, Business, Premium Economy and Economy. The two business cabins will include seats that convert into fully flat beds.

Passengers will also have access to advanced entertainment systems through Panasonic Avionics’ Astrova platform, with 4K screens, Bluetooth connectivity and a library of more than 500 films and 600 television series.

Riyadh Air said its hospitality offering would include products from Kayanee, children’s kits in cooperation with Disney, varied menus and bedding from John Horsfall.

The airline also announced the launch of Sfeer, its loyalty program, offering benefits including a “best offer guarantee,” no expiry of points, free in-flight internet and exclusive privileges for founding members.

Aviation specialists said opening ticket sales to passengers marks a new phase for Saudi Arabia’s aviation sector.

The government has set a national strategy to turn the Kingdom into a global aviation logistics hub by doubling capacity to 330 million passengers, linking it to 250 international destinations and raising air cargo capacity to 4.5 million tons by 2030.

Tourism and business traffic

Tourism media expert Mohammed al-Abdulkarim told Asharq Al-Awsat that Riyadh Air’s announcement of the start date for its first commercial flights, along with the official launch of ticket sales from July, was a pivotal step in the transformation of Saudi aviation.

He said it reflected faster implementation of the national aviation strategy under Vision 2030.

Abdulkarim said choosing July 1 for the entry into service of the carrier’s first new B787-9 aircraft showed Riyadh Air was ready to move from building and preparation into actual operations.

The start of ticket sales through the airline’s official platforms, he said, reflected operational confidence and early readiness to enter the international aviation market.

He said launching the first route between Riyadh and London carried major strategic and economic significance. London is one of the world’s biggest centers for business, tourism and air transit, he said, and the route shows Saudi Arabia’s early focus on a high-yield international network directly linked to major global markets.

Raising capacity

Abdulkarim said Riyadh Air’s ownership of four B787-9 aircraft now in the final stages of operational certification showed a push to build a modern fleet focused on efficiency, passenger experience and advanced technology.

That, he said, is essential for competing in the global aviation market, especially after the rapid changes the sector has seen since the pandemic.

He said the entry of a new national carrier of this scale would strengthen Saudi Arabia’s capacity, raise the competitiveness of its air transport sector regionally and internationally, and support tourism, investment, logistics and supply chains.

“The Kingdom is not only targeting higher passenger numbers, but is working to reshape its position as a global aviation hub linking three continents,” he said.

“With new airport projects, expanded air connectivity and the launch of modern carriers, Saudi Arabia is moving toward becoming one of the region’s most important transport and travel hubs in the coming years.”

Competing with major airlines

Aviation expert Al Motaz Al-Mirah said the launch of Riyadh Air’s first tickets showed Saudi Arabia’s strong confidence in the future of aviation.

He said the project is starting with a global vision and modern services aimed at competing with major international airlines, while choosing London as the first destination gives the new carrier a strong presence on one of the world’s most important international travel routes.

Speaking to Asharq Al-Awsat, Al-Mirah said the move was a practical step toward achieving Saudi Arabia’s aviation strategy.

It was not only about adding destinations and flights, he said, but about building an integrated travel experience that strengthens Riyadh’s position as a global air transport hub.

He said the move was expected to support tourism and investment and raise the kingdom’s competitiveness in aviation in the coming years.



Google to Pay Musk $920 Million a Month for AI Computing Capacity

The headquarters of Space Exploration Technologies Corp. (SpaceX) in California. (AFP)
The headquarters of Space Exploration Technologies Corp. (SpaceX) in California. (AFP)
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Google to Pay Musk $920 Million a Month for AI Computing Capacity

The headquarters of Space Exploration Technologies Corp. (SpaceX) in California. (AFP)
The headquarters of Space Exploration Technologies Corp. (SpaceX) in California. (AFP)

SpaceX on Friday signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing.

The deal, which will bolster SpaceX's finances ahead of its IPO on June 12, covers a computing infrastructure of approximately 110,000 Nvidia GPUs -- the crucial hardware needed to power Google's Gemini AI models.

The filing says Google will begin paying the full monthly rate in October 2026, with a reduced fee applying during a ramp-up period until then, AFP reported.

The agreement runs through June 2029, implying total payments of roughly $30 billion over the life of the contract.

The deal resembles one struck with AI giant Anthropic, in which SpaceX leased compute capacity at its Colossus data centers in Memphis, Tennessee for $1.25 billion a month.

The facilities were originally built to power Musk's rival AI venture, xAI.

SpaceX's IPO filing revealed that xAI last year posted an operating loss of $6.4 billion on total revenue of $3.2 billion.

"This is a short-term, timely agreement to ensure we have bridge capacity to meet surging customer demand for our agent platform, Gemini Enterprise, which has been even higher than we expected," a Google Cloud spokesperson said in an email to AFP.

The filing adds that after December 31, "the agreement may be terminated by either party upon 90 days' notice."

The deals with Google and Anthropic come just days ahead of SpaceX's IPO, which will be the biggest in history, valuing the company at $1.8 trillion.

That valuation is largely based on faith that Musk can deliver on his ambitions to vastly expand his Starlink satellite business, put data centers into space using SpaceX rockets, as well as begin colonizing Mars.


Rosneft: US Companies Benefit from Strait of Hormuz Closure

Igor Sechin, Chief Executive Officer of Rosneft, during the St. Petersburg International Economic Forum, June 5, 2026 (Reuters).
Igor Sechin, Chief Executive Officer of Rosneft, during the St. Petersburg International Economic Forum, June 5, 2026 (Reuters).
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Rosneft: US Companies Benefit from Strait of Hormuz Closure

Igor Sechin, Chief Executive Officer of Rosneft, during the St. Petersburg International Economic Forum, June 5, 2026 (Reuters).
Igor Sechin, Chief Executive Officer of Rosneft, during the St. Petersburg International Economic Forum, June 5, 2026 (Reuters).

Rosneft Chief Executive Igor Sechin said on Saturday that US energy companies were the main beneficiaries of the closure of the Strait of Hormuz but warned that continued tensions in the artery for one fifth of the world's crude would undermine long-term demand for oil.

Iran blockaded the Strait, the main route for about a fifth of world oil supplies and other vital goods including fertilisers, after the United States and Israel attacked Iran and killed Supreme Leader Ali Khamenei in February. The US has blockaded Iranian ports.

Sechin, a close ally of President Vladimir Putin and one of the most influential men in Russia's energy sector, cast the US actions as an attempt to change the fundamental contours of the global energy markets to suit US interests, but added that the strategic risks had not been fully assessed.

"The closure of the Strait of Hormuz is an attempt to reshape global energy market regulations to benefit the United States. The measures taken to block the strait were aimed at Iran, but backfired on the entire world. The strategic risks were underestimated," Sechin said at the St. Petersburg International Economic Forum.

"The main beneficiaries, of course, were American companies, which gained non-competitive advantages and the ability to secure high-cost supplies," he said.

"Continued tension in the Strait of Hormuz for a long time undermines the long-term demand for oil. It may also trigger another surge of interest in alternative energy."

If the Strait opens in the near future, then the oil price will be at $95 to $96 per barrel by the end of the year, and in a year it will drop to $80 to $85, and by the second half of 2027 there will be a return to market fundamentals, he said.


First Two of Riyadh Air’s Custom-Built 787-9 Dreamliners Arrive in Saudi Arabia

The arrival of Riyadh Air's two aircraft marks a historic milestone in the company's journey towards launching its flights (SPA)
The arrival of Riyadh Air's two aircraft marks a historic milestone in the company's journey towards launching its flights (SPA)
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First Two of Riyadh Air’s Custom-Built 787-9 Dreamliners Arrive in Saudi Arabia

The arrival of Riyadh Air's two aircraft marks a historic milestone in the company's journey towards launching its flights (SPA)
The arrival of Riyadh Air's two aircraft marks a historic milestone in the company's journey towards launching its flights (SPA)

Riyadh Air, Saudi Arabia’s new national carrier and a company wholly owned by the Public Investment Fund (PIF), has announced the arrival of its first two custom-built Boeing 787-9 Dreamliners at King Khalid International Airport in Riyadh.

The aircraft arrived in tandem on Friday at approximately 10 a.m. local time, receiving a water cannon salute upon touchdown.

The aircraft – using the call signs Riyadh 1 and Riyadh 2 and registered as HZ-RXAA and HZ-RXAB – are the first of Riyadh Air’s 72 state-of-the-art Dreamliners.

Their arrival marks the commencement of the carrier's broader strategy to expand its fleet to more than 180 narrow-body and wide-body aircraft.

Leveraging Saudi Arabia’s strategic location at the crossroads of Asia, Africa, and Europe, Riyadh Air aims to connect the capital to over 100 global destinations by 2030, with plans to fly to nearly 20 destinations by the end of this year.

Commenting on the arrival, Riyadh Air CEO Tony Douglas said: “To see our very first custom-built Dreamliners touch down in Riyadh is a truly historic moment for us, and a momentous day for Saudi aviation as part of Vision 2030. I could not be more excited or more confident about the future and the legacy we are creating.”

“Not only are we building an airline, we are opening a new gateway to the world from the heart of the Kingdom. We are absolutely ready and excited to welcome the world to Riyadh,” he added.