The kingdom’s national carrier says that the removal of fuel surcharges from the price of a ticket will cut one-way flights by up to $60 each, while return journeys could fall by up to $120. The new tariffs are applicable immediately.
The move comes as international airlines struggle to compete for declining passenger numbers as a result of the economic downturn. Passenger traffic from some of Saudia’s key markets has fallen dramatically in recent weeks.
The carrier announced in early February that it was cutting weekly flights to Bangladesh by a third to account for the decline in migrant labour traffic (MEED 3:2:08).
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.