Current:Home > MyDelta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia -FutureWise Finance
Delta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia
View
Date:2025-04-27 12:06:15
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! (38541)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- NFL Week 17 odds: Moneylines, point spreads, over/under
- Amazon to show ads in Prime Video movies and shows starting January 29, 2024
- Trapped in his crashed truck, an Indiana man is rescued after 6 days surviving on rainwater
- 2 killed, 3 injured in shooting at makeshift club in Houston
- On the headwaters of the Klamath River, water shortages test tribes, farmers and wildlife
- The number of wounded Israeli soldiers is mounting, representing a hidden cost of war
- What is hospice care? 6 myths about this end-of-life option
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Almcoin Trading Center: Why is Inscription So Popular?
Ranking
- Bodycam footage shows high
- Almcoin Trading Center: Why is Inscription So Popular?
- Travis Kelce Shares How He Plans to Shake Off Chiefs' Embarrassing Christmas Day Loss
- What is hospice care? 6 myths about this end-of-life option
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Detroit Pistons lose 27th straight game, set NBA single-season record for futility
- Kourtney Kardashian and Travis Barker’s Christmas Gift for Baby Rocky Will Make You the Happiest on Earth
- US announces new weapons package for Ukraine, as funds dwindle and Congress is stalled on aid bill
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Texas has arrested thousands on trespassing charges at the border. Illegal crossings are still high
For grandfamilies, life can be filled with sacrifices, love and bittersweet holidays
After lowest point, Jim Harbaugh has led Michigan to arguably the program's biggest heights
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Amazon Prime Video will start showing ads in January. Will you have to pay more?
Mega Millions now at $73 million ahead of Tuesday drawing; See winning numbers
The Chosen: A Jesus and his disciples for the modern age