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FINANCIAL NEWS
Saudi Arabia to sign air traffic deals with 11 countries
16 Dec 2014
(MENAFN) Saudi Arabia announced it is planning to sign air traffic agreements with 11 new countries in a move to increase flights to and from the kingdom, Arabian Business reported.
The Kingdom said that these agreements, which will allow reciprocal passenger flights, are expected to be signed soon with authorities in Tanzania, Cote d’Ivoire, Zimbabwe, Uruguay, Mauritius, Paraguay, Seychelles, Zambia, Rwanda, Togo and Swaziland.
Saudi Arabia said that these agreements are part of its plan of opening up its aviation industry, which serves about 29 million residents that also include two new domestic operators, which will begin services in the kingdom next year, and privatizing the state-owned carrier Saudia as well as the 28 airports that are either being built or upgraded.
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