Current:Home > FinanceDelta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia -ValueMetric
Delta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia
View
Date:2025-04-25 21:06:46
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! (96182)
Related
- The Best Stocking Stuffers Under $25
- Read the transcript: What happened inside the federal hearing on abortion pills
- This Week in Clean Economy: New Report Puts Solyndra Media Coverage in Spotlight
- Activist Judy Heumann led a reimagining of what it means to be disabled
- Tom Holland's New Venture Revealed
- Commonsense initiative aims to reduce maternal mortality among Black women
- As Trump Touts Ethanol, Scientists Question the Fuel’s Climate Claims
- The U.S. has a high rate of preterm births, and abortion bans could make that worse
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- You'll Be Crazy in Love With Beyoncé and Jay-Z's London Photo Diary
Ranking
- Arkansas State Police probe death of woman found after officer
- Justin Timberlake Declares He's Now Going By Jessica Biel's Boyfriend After Hilarious TikTok Comment
- In Congress, Corn Ethanol Subsidies Lose More Ground Amid Debt Turmoil
- In Congress, Corn Ethanol Subsidies Lose More Ground Amid Debt Turmoil
- Bodycam footage shows high
- Dakota Pipeline Builder Rebuffed by Feds in Bid to Restart Work on Troubled Ohio Gas Project
- Camila Cabello Goes Dark and Sexy With Bold Summer Hair Color
- Neurotech could connect our brains to computers. What could go wrong, right?
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Can Solyndra’s Breakthrough Solar Technology Outlive the Company’s Demise?
The 4 kidnapped Americans are part of a large wave of U.S. medical tourism in Mexico
Auli’i Cravalho Reveals If She'll Return as Moana for Live-Action Remake
B.A. Parker is learning the banjo
Climate Change Fingerprints Were All Over Europe’s Latest Heat Wave, Study Finds
Alaska Oil and Gas Spills Prompt Call for Inspection of All Cook Inlet Pipelines
As Trump Touts Ethanol, Scientists Question the Fuel’s Climate Claims