{"id":86416,"date":"2024-05-22T00:00:00","date_gmt":"2024-05-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/"},"modified":"2024-05-22T00:00:00","modified_gmt":"2024-05-22T00:00:00","slug":"so-much-aviation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/","title":{"rendered":"So. Much. Aviation."},"content":{"rendered":"

Companies and international institutions signed 102 agreements worth a <\/strong>combined SAR 75 bn at the Future <\/strong>Aviation Forum<\/strong> during the first two days of the industry event, Mubasher<\/a> reports, without providing a breakdown of the specific agreements. Here\u2019s what we know:<\/p>\n

#1- The General Authority for Civil Aviation (Gaca) signed air service agreements yesterday<\/strong> with Kiribati, Grenada, Malawi, Romania, Belize, Sao Tome and Principe, Lithuania, El Salvador, and Albania, according to Mubasher. Gaca had signed similar agreements with Mozambique, Eswatini, Cambodia, Brunei, and Dar es Salaam on Monday.<\/p>\n

#2- US-based electric aircraft maker Joby Aviation plans to expand into the Saudi market <\/strong>after it signed a MoU with Aramco aviation subsidiary Mukamalah, according to a statement<\/a>. Mukamalah, which operates the world\u2019s largest fleet of corporate aircraft, will introduce Joby\u2019s eVTOL to the Saudi market, <\/p>\n

About Joby: <\/strong>Operating since 2009, Joby works to provide electric air taxis for commercial use. Its aircraft is designed to carry up to 5 passengers, including the pilot, and can move at speeds of up to 321 km\/h. <\/p>\n

#3- <\/strong>Al Hok<\/strong>air + Tibah Airports:<\/strong> Tadawul-listed Al Hokair Tourism and Development Group signed an MoU with Tibah Airports Company which could see Al Hokair provide catering, entertainment, F&B services at Tibah\u2019s Prince Mohammed International Airport in Madinah, it said in a disclosure to Tadawul<\/a>. Neither side put a value on the contract. <\/p>\n

#4- Saudia + Riyadh Air: <\/strong>Saudi\u2019s two national airlines will work together on pilot, crew, and other aviation employee training, after PIF-owned Riyadh Air signed an MoU with the Saudia Group-affiliated Saudi Academy, state-run SPA reports<\/a>.<\/p>\n

BACKGROUND- <\/strong>The PIF has been reportedly in talks to acquire Saudia<\/a>, Saudi\u2019s national flag carrier, as a prelude to combining the business with Riyadh Air. Saudia will bid adieu to Riyadh<\/a> by 2030 to make way for Riyadh Air and will instead base itself out of Jeddah\u2019s King Abdulaziz International Airport.<\/p>\n

ALSO FROM THE FORUM- <\/p>\n

#5- <\/strong>Industry and Minerals Minister Bandar Alkhorayef had one-on-one meetings with <\/strong>officials<\/strong> from some of the biggest names in aviation<\/strong>, including a sit-down with Boeing CEO David Calhoun, as well as the heads of China\u2019s Comac<\/a> and Empire Airlines<\/a> to discuss avenues of cooperation in aircraft manufacturing, the ministry said on X<\/a>.<\/p>\n

#6- Gaca plans to add two new private logistics zones at airports in the Kingdom<\/strong>, the authority\u2019s vice-president for economic policies and logistics, Awad Al Sulami, told Argaam<\/a> on the sidelines of the forum. The authority will announce the new zones \u201cin the coming period,\u201d Al Sulami said, without providing further details. The new zones would be added to the Kingdom\u2019s current roster of special logistics zones, including the Special Integrated Logistics Zone at King Khalid International Airport in Riyadh, according to Al Sulami. <\/p>\n

#7- A strong aviation sector is crucial to grow the country\u2019s tourism industry<\/strong>, Gaca Executive Vice President for Strategy and Business Intelligence Mohammed Al Khuraisi said at<\/a>the forum<\/a>. \u201cTo have successful tourism, you need to have a robust aviation sector. And by that we mean airport capacity, more fleet, more connectivity, better services, etc,\u201d he said. <\/p>\n

#8- <\/strong>PIF-owned commercial chopper <\/strong>operator The Helicopter Company is looking to <\/strong>grow its footprint in Saudi and in global markets, with plans to eventually IPO<\/strong>, the company\u2019s CEO, Arnaud Martinez, told Arab News<\/a> on the sidelines of the forum. \u201cOnce you secure the market, it\u2019s a healthy move to go and see what\u2019s going on in other countries, other continents, and other bids. That\u2019s what PIF does; we invest, we create something that the Kingdom needs, we grow the business, then you go on, you grow, you go over the borders, and then you go on an IPO journey,\u201d he said. <\/p>\n","protected":false},"excerpt":{"rendered":"

This includes a handful of air service agreements GACA signed<\/p>\n","protected":false},"author":1,"featured_media":86417,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2623],"tags":[93,904,10,1720,1151,353,2766],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation","tag-aviation","tag-boeing","tag-enterpriseam-ksa","tag-ksrelief","tag-public-investment-fund-pif","tag-riyadh-air","tag-saudia","wpautop","entry"],"acf":{"mongo_id":"74c15db1-6014-44fa-b810-6c9bccb094a7","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1724.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Some 102 agreements worth SAR 75 bn signed at Future Aviation Forum","related_issue":[86409],"teaser":"This includes a handful of air service agreements GACA signed","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.f70225c9-d0f8-470b-9a29-66b7fd123020.mp3"},"yoast_head":"\nSo. Much. Aviation. - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"So. Much. Aviation.\" \/>\n<meta property=\"og:description\" content=\"This includes a handful of air service agreements GACA signed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-22T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"So. Much. Aviation.\",\"datePublished\":\"2024-05-22T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/\"},\"wordCount\":625,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AVIATION\",\"Boeing\",\"EnterpriseAM KSA\",\"KSRelief\",\"Public Investment Fund (PIF)\",\"Riyadh Air\",\"Saudia\"],\"articleSection\":[\"AVIATION\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/\",\"name\":\"So. Much. Aviation. - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-05-22T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"So. Much. Aviation.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"So. Much. Aviation. - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/","og_locale":"en_US","og_type":"article","og_title":"So. Much. Aviation.","og_description":"This includes a handful of air service agreements GACA signed","og_url":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/","og_site_name":"KSA","article_published_time":"2024-05-22T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"So. Much. Aviation.","datePublished":"2024-05-22T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/"},"wordCount":625,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1","keywords":["AVIATION","Boeing","EnterpriseAM KSA","KSRelief","Public Investment Fund (PIF)","Riyadh Air","Saudia"],"articleSection":["AVIATION"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/","url":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/","name":"So. Much. Aviation. - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1","datePublished":"2024-05-22T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/05\/22\/so-much-aviation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"So. Much. Aviation."}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1724.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/86416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=86416"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/86416\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/86409"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/86417"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=86416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=86416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=86416"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=86416"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=86416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}