Oliver James Montgomery:Delta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia

2025-04-30 18:55:08source:CapitalVaultcategory:News

Delta Air Lines said Tuesday it has entered into a partnership with startup Riyadh Air with the goal of operating flights between the United States and Oliver James MontgomerySaudi Arabia.

Riyadh Air, which plans to begin passenger flights next summer, is backed by Saudi Arabia’s sovereign-wealth fund and is part of the country’s plan to diversify its oil-based economy and boost tourism.

Atlanta-based Delta and Riyadh did not give a timetable for beginning flights or financial details around their partnership. Their CEOs said neither airline is taking an ownership stake in the other.

Delta CEO Ed Bastian and Riyadh Air CEO Tony Douglas said they envision selling tickets on each other’s flights — a practice known as codesharing — that requires approval from the U.S. Transportation Department.

They said the partnership could grow into a full-blown joint venture. That step would require immunity from U.S. antitrust laws for the carriers to collaborate on prices and share revenue.

Bastian said he expects much of the early traffic to be passengers flying to the United States, but that it will even out over time as tourism to Saudi Arabia grows.

No U.S. airline flies to Saudi Arabia. Saudia, the kingdom’s flag carrier, operates nonstop flights between Saudi Arabia and New York, Dulles International Airport outside Washington, D.C., and Los Angeles.

More:News

Recommend

Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing

Big box discount store Big Lots announced that it may close up to 315 stores in an Securities and Ex

Donald Trump posts fake Taylor Swift endorsement, Swifties for Trump AI images

Former President Donald Trump is trying to get the attention of Swifties.On Sunday, Trump took to hi

Over 165,000 pounds of Perdue chicken nuggets and tenders recalled after metal wire found

Over 165,000 pounds of frozen chicken have been recalled over metal contamination concerns.Perdue Fo