Saudi’s new airline says not hit by PIF spending review

Saudi’s new airline says not hit by PIF spending review

The NewsRiyadh Air, the new national airline launched by Saudi Arabia’s sovereign wealth fund, has not seen any impact on its business plans from a government review of spending commitments, the carrier’s chief executive said in an interview with Semafor.The launch of Riyadh Air is “beyond super important” because of the kingdom’s goal of attracting 150 million tourists a year by 2030 and plans to host global events like the World Expo that year…