Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
Economy
 Print  Send This Page
Save Listen to this Article
KAIA capacity to reach 80 million, says Prince Fahd   

Arab News - 31 May, 2012

The capacity of King Abdulaziz International Airport in Jeddah, which is currently undergoing a massive expansion, will be increased to 80 million passengers in 20 years, Prince Fahd bin Abdullah, president of the General Authority of Civil Aviation (GACA), and chairman of the board of directors of Saudi Arabian Airlines, announced here Tuesday.

Addressing a ceremony to mark Saudia’s joining of the 16-member SkyTeam alliance, Prince Fahd said the new Jeddah airport is designed to become one of the largest hubs in the world. Covering an area of 670,000 square meters, the new airport will have 82 domestic, international and VIP lounges in addition to 96 air bridges.

Prince Fahd emphasized the importance of joining an alliance of international airlines in this age of globalization and said it would enable Saudia to provide unlimited services to passengers around the world. He urged SkyTeam to make use of their strong points to increase its market share.

There was a big celebration at KAIA’s Saudia Terminal to mark the national flag carrier joining the alliance, opening a new chapter in its 67-year history. Two Saudia aircraft painted in SkyTeam livery appeared in front of the participants as they were watching Saudi folk dances and acrobatic performances by experts, giving the event a festive look.

Khaled Al-Molhem, director general of Saudia and Michael Wisbrun, SkyTeam’s managing director, signed the historic agreement in the presence of Prince Fahd and top executives of the alliance’s member alliances. The membership will enable Saudia to offer 14,700 daily flights being operated by alliance members to 958 destinations in 173 countries.

Speaking at the ceremony, Al-Molhem highlighted his airline’s efforts over the past years to modernize its technical infrastructure, renovate its fleet and upgrade its passenger management systems. “We have bought 90 new aircraft, of which we have already received 54 Airbus and Boeing 777 planes,” he told the gathering.

The Saudia chief disclosed plans to purchase 50 more new advanced aircraft to beef up its domestic and international flight network. He also noted Saudia’s efforts to enhance the capabilities of its staff by providing them with advanced and intensive training, either at its facilities or sending them to reputable international institutions of higher learning.

Al-Molhem described Saudi Arabia as one of the growing travel market in the world. "At present, annual domestic and international travelers in the Kingdom are estimated at more than 54 million," he said.

Saudi Arabian Airlines transported a record 21.5 million passengers in 2011 against 19 million in 2010, with an increase of 2.5 million passengers in a single year.

Referring to Saudia's prestigious privatization program, Al-Molhem said, "We have privatized catering, cargo and ground services. The privatization of Saudia Aerospace Engineering Industries will be announced shortly.” Efforts are under way to transform Prince Sultan Aviation Academy into a major international center in the Middle East for aviation training and air safety systems, he pointed out.

Wisbrun welcomed Saudi Arabian Airlines to the global alliance. “Saudia’s membership adds value to the alliance by opening up the considerable Saudi Arabian market to our customers,” said Wisbrun. “We are responding to passenger demand for increased travel choice within the Middle East by adding a significant player from the region.”

Later addressing a joint press conference, Al-Molhem and Wisbrun explained the benefits Saudia passengers would be receiving as a result of SkyTeam membership. “The signing of SkyTeam agreement today proved that Saudi Arabian Airlines is capable of meeting the alliance’s conditions,” said Wisbrun.

The SkyTeam chief said his organization would continue its efforts to bring more airlines to the team to fill the white spots and focus more on improving passenger care and services.

“We are confident that if passengers feel that they are taken care during their travel and transit, they would surely prefer SkyTeam for their journey,” he added.

Asked about price agreement among members, Al-Molhem said every airline would have the freedom to charge the price it wants. “The SkyTeam membership will definitely improve Saudia’s services as the alliance would not accept below standard services,” he said. The agreement would boost Umrah traffic as member airlines would give good connections to pilgrims intending to reach Saudi Arabia.

Top executives of SkyTeam member airlines attended the ceremony. They were: Dominique Patry, VP International Affairs and Alliances, Air France; Andrea Tucci, VP Alliances & Network Agreements, Alitalia; Wang Chia Chuan, General Manager, International Affairs & Alliances, China Airlines; Liu Shaoyong, Chairman of China Eastern; Zhang Lin, EVP China Southern; Perry Cantarutti, SVP Europe, Middle East, & Africa, Delta Airlines; Jimmy Kibati, Head of Networking Planning & Airline Strategy, Kenya Airways; Bruce Donszelmann, Vice President of Alliances, KLM; and Yong-Soon Park, SVP International Affairs & Alliances, Korean Air.
 
IMF gives Saudi Arabia high praise, but ...
Source : Saudi Gazette  
Date : 2013-05-22
The report on the Saudi economy just released by the International Monetary Fund is glowing, pointing out, as it does, that since 2008 to the end of the last year,...
Hedge funds back to selling gold after market boost
Source : Gulf Times  
Date : 2013-05-22
Hedge funds and other big speculators in commodities have started selling gold in a big way, according to trade data, just a month after they had supported the precious metal...
Sultanate to host first women's empowerment conference in June
Source : Oman Daily Observer  
Date : 2013-05-22
empowerment and advancement of Omani women is one of the top national priorities in the Government of Oman's Vision 2020 which outlines the role of the Government in strengthening the...
Call to regulate 'out of control' Internet
Source : The Peninsula  
Date : 2013-05-22
Experts discussing digital media trends at a key forum here yesterday said the Internet had become 'out of control' and there was the need to regulate it, particularly in the...
Dar Al Arkan issues sukuk
Source : Gulf Daily News  
Date : 2013-05-22
Saudi developer Dar Al Arkan has launched a $450 million five-year Islamic bond offering, a document from lead managers said yesterday, in the real estate firm's first international bond sale...
Indian firm wins Saudi plant deal
Source : Gulf Daily News  
Date : 2013-05-22
State-run Saudi Aramco has awarded India's Larsen & Toubro (L&T) a contract to build facilities including a gas processing plant for its Midyan gasfield, state news agency SPA reported....
ACE appoints manager for Mena region
Source : Gulf Daily News  
Date : 2013-05-22
ACE Group has announced the appointment of Nikhil Soman as financial lines underwriting manager for its Middle East and North Africa (Mena) business....
Arabtec projects 'are still on track despite strike'
Source : Gulf Daily News  
Date : 2013-05-22
Arabtec, Dubai's largest construction firm, yesterday said the delivery of projects was unaffected by what it called a partial labour stoppage, adding it was working with authorities in the UAE...
Flexible exchange rate urged
Source : Gulf Daily News  
Date : 2013-05-22
Qatar and other Gulf states should consider moving to a more flexible exchange rate from long-entrenched pegs to the US dollar, to better manage inflation risk in the next decade,...
Wider health insurance cover for Sharjah govt employees
Source : Khaleej Times  
Date : 2013-05-22
All Emirati government employees and their dependents in Sharjah will receive equal levels of health benefits under a new comprehensive health insurance scheme starting next month....
Pioneer highlights key role of public relations
Source : Gulf Daily News  
Date : 2013-05-22
The important role of public relations (PR) in the future of the Arab world and for new leaders has been highlighted by a regional industry pioneer....
Sharjah implements new health scheme
Source : Khaleej Times  
Date : 2013-05-22
In a move to implement the directives of His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Sharjah Health Authority (SHA) has...
Bahrain to host key Arab exchange talks
Source : Gulf Daily News  
Date : 2013-05-22
Bahrain will host the Arab Federation of Exchanges (AFE) annual meeting in 2015, it was announced yesterday....
Productivity 'to play vital role in growth'
Source : Gulf Daily News  
Date : 2013-05-22
Boosting productivity, particularly in tradable sectors such as manufacturing, should be at the centre of sustained economic growth in Bahrain, a leading economist said....
Changes at Batelco
Source : Gulf Daily News  
Date : 2013-05-22
Batelco Group has announced the appointment of a supervisory committee and chief operating officer (COO) following the separation between the chief executive officer (CEO) and the company....
US storm alert for Bahrainis
Source : Gulf Daily News  
Date : 2013-05-22
Bahraini citizens living in tornado-affected Oklahoma have been urged to exercise caution by the Foreign Ministry....
Emirates NBD boosts SME lending to Dh2 billion in '13
Source : Khaleej Times  
Date : 2013-05-22
Emirates NBD, a leading regional lender, announced that it would be boosting financing for small and medium enterprises, or SMEs, as well as micro SMEs in 2013 by setting aside...
MPs vote to ban pork in Bahrain
Source : Gulf Daily News  
Date : 2013-05-22
Bahrain's MPs have voted to ban pork as part of new amendments to the law, some of which have Islamist overtones....
US business team seeks Qatar opportunities
Source : The Peninsula  
Date : 2013-05-22
A business delegation under 'Franchise Times/IFA & US Commercial Service Trade Mission' representing different sectors of businesses including food and beverages industry, education and technology, was here seeking prospective franchise...
Team to battle new virus
Source : Gulf Daily News  
Date : 2013-05-22
Bahrain has set up a special taskforce to help prevent cases of a deadly Sars-like virus that has killed 16 people in neighbouring Saudi Arabia and infected more than 30...
Total 448 Results in 23 Pages
1 
For more news, views and reports about this topic, please subscribe
to GRC website: www.grc.ae
Wed May 22, 2013| 12-رجب-1434هـ
Friends of Syria to press for peace talks
Saudi Arabia heading for 7.6% nonoil growth in 2013
Saudi Arabia, Turkey boost ties
IMF stays upbeat on Dubai
Violence in Iraq stokes fears of sectarian war
Qatar's GDP expected to grow 5.2% in 2013
Ten more arrested in Iranian espionage case
Solar power brightens Oman oil output prospects
South Yemen seeks independence
Kuwait, Morocco sign cooperative deals
Recognition for
community service: Dhahi
IMF sees Saudi economic slowdown, warns of inflation
Iran bars two top figures from vote
Doha Bank likely to sell bonds to raise capital: CEO
Dubai increasingly popular cruise tourism destination
    Newspaper Editorials
Bombing spree
Stress on jobs
More>>  
    Opinions
Saudi-Turkey rapport bodes well for global influence
In Iran, presidential candidates divided over foreign policy
More>>  
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    Reports
US Goals and Strategies toward the Arab World
US-Iranian competition: The Gulf military balance - II
More>>  
    Bank Reports
GCC Central Banks Digest - March 2013 - Update
Saudi Chartbook - May 2013
More>>  
    GRC Analysis
Building a Strong Saudi-Japan Relationship
Poor Gulf: Inequality and the Lack of Statistics
Whither GCC-US Relations?
    GRC Commentary
On Relations between Rulers and Citizens: The Need for a New Social/Political Contract in the GCC States
Key Issue Facing the Saudi Ruling House.
    GRC Book Review
Beyond Regionalism? Regional Cooperation, Regionalism and Regionalization in the Middle East
India, GCC and the Global Energy Regime: Exploring Interdependence and Outlook for Collaboration.
    GRC Press Release
Gulf Research Center press releases to the media
    GRC Publications
Asia-Gulf Economic Relations in the 21st Century: The Local to Global Transformation
Assessment of the Security Situation in Iran, Iraq, Yemen, Syria and the Arab Gulf States
China in the Eyes of the Saudi Media
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
Go
      
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:0  |   13-- 13 Middle Page :0  --   | Right : 13 - 13--en--sess-enreq-en-coming