News

Riyadh Air Makes Multi-Billion Dollar Deal With Boeing

The investment will see the Saudi Arabian airline take delivery of up to 72 aircraft.

Published

2 years ago

March 16, 2023

Nour Nasir

Boeing

Saudi Arabia’s Riyadh Air, the airline backed by the county’s Public Investment Fund, has ordered up to 72 Boeing 787-9 Dreamliner aircraft in a multi-billion dollar deal.

The order is unprecedented for a new airline and highlights Saudi Arabia’s ambition to become a major aviation hub.

tony douglas ceo of riyadh airlines

The order comprises 39 confirmed aircraft plus another 33 wide-bodied 787-9 Dreamliners. It comes as Saudi Arabia’s national carriers announced their intent to order up to 121 aircraft in total, representing the fifth-largest commercial order by value in Boeing’s history.

The huge Boeing order will help to shuttle a projected 330 million passengers by 2030. His Excellency Yasir Al-Rumayyan, Governor of the PIF and Chairman of Riyadh Air, applauded the move, saying, “This is a momentous day for PIF and Riyadh Air, and highlights our determination to significantly extend Saudi Arabia’s connectivity with the world”.

Also Read: Robots Are Coming To Dubai Airport For Speedier Check-Ins

Riyadh Air is a digital-first airline committed to sustainability, in line with Saudi Arabia’s Vision 2030 toward net zero emissions. The Boeing 787-9 Dreamliner is manufactured to achieve lower CO2 emissions, greater fuel efficiency, and pass stringent noise regulations.

Related Topics:Aviation Boeing Saudi Arabia

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1,000 Drones Light The Dubai Sky For AC Milan Celebration

Cyberdrone’s groundbreaking display marked 125 years of AC Milan football club and the 1st-year anniversary of Casa Milan Dubai.

Published

18 hours ago

November 21, 2024

Nour Nasir

Cyberdrone, a leading UAV display company based in Dubai, put on a breathtaking drone light show on Monday to honor two significant football milestones: AC Milan’s 125th anniversary and the one-year anniversary of Casa Milan Dubai.

The spectacle involved 1,000 drones working in perfect harmony to project AC Milan’s iconic imagery against the city’s night sky. Highlights included the UAVs synchronizing to form the club’s iconic crest, the signature red and black jersey, and a special emblem marking its 125th year. The intricate performance demanded meticulous planning, not just in terms of choreography, but also in dealing with the necessary permits and logistics.

cyberdrone ac milan dubai

“Our goal was to spotlight AC Milan’s legacy through a stunning visual narrative,” explained Mohamed Munjed Abdulla, Director of Sales at Cyberdrone. “We celebrated the club’s history, its Dubai milestone, and the universal love for football. The show also enhanced AC Milan’s regional presence, growing its fanbase through a cutting-edge, memorable experience. Drone shows are unparalleled in leaving lasting impressions, making them perfect for driving partnerships and growth”.

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Greta Nardeschi, AC Milan’s Regional Director for MENA, echoed the sentiment, adding: “Collaborating with Cyberdrone for this 1,000-drone performance allowed us to connect with our fans in innovative ways. It gave us a unique opportunity to surprise and inspire audiences while elevating our Club’s visibility and that of our partners. Cyberdrone truly helped us take AC Milan to new heights”.

This groundbreaking drone display sets a new benchmark for the Middle East’s sports sector, which already contributes around $2.4 billion annually to Dubai’s GDP alone. Sporting events also generate $1.76 billion in revenues across the region, while the MENA’s entertainment sector, valued at $41.13 billion, is growing at 9.41% annually, driven by rapid technological advancements.