Pakistan International Airlines (PIA) is set to be auctioned off on October 1st, with the government aiming to sell a majority stake in the struggling airline. This move is part of a wider reform program mandated by the International Monetary Fund (IMF).
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Gabon has launched its national airline, Fly Gabon, marking a significant step in the country’s aviation sector. The airline, building on the legacy of Afrijet, aims to dominate domestic routes and expand internationally. Fly Gabon’s launch signifies a renewed national pride and economic prospects for Gabon.
In a bold move, Saudi Arabia prepares to launch Riyadh Air as its new national airline, aiming to transform the Kingdom into a major aviation hub akin to the bustling metropolis of Dubai. This anticipated newcomer is expected to commence operations in 2025, offering flights from the UK to the rapidly expanding tourism and aviation destination that Saudi Arabia is fast becoming. As the region witnesses a surge in similar developments, Riyadh Air’s entry into the aviation market is poised to further solidify Saudi Arabia’s position as a rising star in the tourism and air travel sectors.