Current:Home > FinanceDelta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia -TradeFocus
Delta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia
View
Date:2025-04-14 10:35:15
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 Saudi 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.
veryGood! (7711)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Impact investing, part 2: Can money meet morals?
- Mark Consuelos Reveals Why Daughter Lola Doesn't Love His Riverdale Fame
- At least 50 are dead and dozens feared missing as storm hits the Philippines
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Real Housewives Star Alexia Nepola Shares Beauty Hacks, Travel Must-Haves, and Style Regrets
- Research shows oil field flaring emits nearly five times more methane than expected
- Low-income countries want more money for climate damage. They're unlikely to get it.
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- The activist who threw soup on a van Gogh says it's the planet that's being destroyed
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- Greenhouse gases reach a new record as nations fall behind on climate pledges
- Tropical Storm Nicole churns toward the Bahamas and Florida
- How glaciers melted 20,000 years ago may offer clues about climate change's effects
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- War fallout and aid demands are overshadowing the climate talks in Egypt
- Allow Ariana Grande to Bewitch You With This Glimpse Inside the Wicked Movie
- A Twilight TV Series Is Reportedly in the Works
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Negotiators at a U.N. biodiversity conference reach a historic deal to protect nature
A new kind of climate refugee is emerging
Here's Why Love Is Blind's Paul and Micah Broke Up Again After Filming
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
More than 100 people are dead and dozens are missing in storm-ravaged Philippines
Lionel Richie Shares Biggest Lesson on Royal Protocol Ahead of King Charles III's Coronation
No, Leonardo DiCaprio and Irina Shayk Weren't Getting Cozy at Coachella 2023