Saudi Arabia sets sights on boosting its aviation industry ...Kuwait

Saudi Arabia on Monday pitched aviation industry leaders on its plans to become a global travel hub, drawing scepticism from analysts who questioned how it could compete against regional heavyweights. The conservative kingdom's aviation goals, part of Crown Prince Mohammed bin Salman's wide-ranging "Vision 2030" reforms, include more than tripling annual traffic to 330 million passengers by the end of the decade. It also wants to draw $100 billion in investments to the sector by 2030, establish a new national flag carrier, construct a new "mega airport" in Riyadh and move up to five million tonnes of cargo each year. Officials outlined how they intend to hit those tar

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Last updated : 09 May 2022 clock 07:49 PM

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Saudi Arabia sets sights on boosting its aviation industry ...Kuwait

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