The head of Riyadh Air pledged the Saudi startup would be both commercially and environmentally sustainable and warned carriers that do not embrace climate concerns will not survive.
Riyadh Air is owned by Saudi Arabia's Public Investment Fund, which has more than $620 billion in assets under management. Chief Executive Tony Douglas said the owners would impose strict financial expectations, which he did not specify.
Douglas was speaking at an event to present the airline on the eve of the Paris Airshow. It is launching at a time when airlines are under pressure to meet industry emission targets, with some facing legal pressure over alleged greenwashing. "Ultimately it will be commercial aviation sustainability that will differentiate the winners and the losers, and anyone who doesn't take it seriously will probably fail for sure," Douglas said.
The creation of a second Saudi national airline was announced alongside a provisional order for up to 72 BoeingDouglas ruled out any further aircraft announcements at this week's show.for engines to power the recently ordered Dreamliners.to power the wide-body jets, did not immediately respond to a request for comment.and Boeing for narrowbody jets.Douglas declined to give details of the airline's cabin product which he said would be rolled out progressively.
But he said it would involve an "obsessional" level of attention to detail, aided by systems to track passenger preferences closer to Amazon
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Boeing subsidiary WISK Aero unveils all-electric self-driving air taxi at Paris Air ShowBoeing subsidiary Wisk Aero is debuting its all-electric, autonomous sixth-generation air taxi at the Paris Air Show on Saturday, signaling a new era for pilotless flight.
Leer más »
Flair CEO Stephen Jones on why it's shaping up to be a hot, hot summer for air travelCanadians are rediscovering their love of air travel after the pandemic and last summer\u0027s \u0027gong show,\u0027 Flair CEO Stephen Jones says. Read on
Leer más »
Code orange air quality alert issued for most of central Pa. for SaturdayCumberland, Dauphin, Lancaster, Lebanon and York Counties are all under the air quality alert.
Leer más »
Reddit CEO: App founders have made millions on the company's APIReddit CEO says app founders who are shutting down in protest over API charges made millions: 'These aren't like side projects or charities'
Leer más »
Shein and Temu listed fake Air Jordans for under $50Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Eli Lilly CEO interview: AI is set to transform pharma, biotechAccording to David Ricks, the CEO of the pharma giant Eli Lilly, the technology has the potential to upend the industry.
Leer más »