Current:Home > ScamsDelta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia -EquityZone
Delta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia
Poinbank View
Date:2025-04-10 19:13:07
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! (11)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- American surfer Carissa Moore knows Tahiti’s ‘scary’ Olympic wave. Here’s how she prepared
- Cucumber recall for listeria risk grows to other veggies in more states and stores
- Inside Christian McCaffrey’s Winning Formula: Motivation, Focus & Recovery
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- NYC bus crashes into Burger King after driver apparently suffers a medical episode
- Olivia Culpo Breaks Silence on Wedding Dress Backlash
- Booties. Indoor dog parks. And following the vet’s orders. How to keep pets cool this summer
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Home goods retailer Conn's files for bankruptcy, plans to close at least 70 stores
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- My Favorite SKIMS Drops This Month: Minimalist Dresses, Matching Sets, Plush Slippers & More
- Casey Kaufhold, US star women's archer, driven by appetite to follow Olympic greatness
- Gaza war protesters hold a ‘die-in’ near the White House as Netanyahu meets with Biden, Harris
- DoorDash steps up driver ID checks after traffic safety complaints
- Yuval Sharon’s contract as Detroit Opera artistic director extended 3 years through 2027-28 season
- House Republicans vote to rebuke Kamala Harris over administration’s handling of border policy
- OpenAI tests ChatGPT-powered search engine that could compete with Google
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Youngest 2024 Olympians Hezly Rivera and Quincy Wilson strike a pose ahead of Olympics
Spicy dispute over the origins of Flamin’ Hot Cheetos winds up in court
Commission chair says there’s no ‘single silver bullet’ to improving Georgia’s Medicaid program
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
'America’s Grandmother' turns 115: Meet the oldest living person in the US, Elizabeth Francis
Spicy dispute over the origins of Flamin’ Hot Cheetos winds up in court
Judge declares mistrial in case of Vermont sheriff accused of kicking inmate