Current:Home > StocksDelta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia -WealthConverge Strategies
Delta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia
View
Date:2025-04-15 03:10:22
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! (212)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- A tech company hired a top NYC official’s brother. A private meeting and $1.4M in contracts followed
- A river otter attacks a child at a Seattle-area marina
- Still adjusting to WWE life, Jade Cargill is 'here to break glass ceilings'
- Meta releases AI model to enhance Metaverse experience
- Kate Moss' sister Lottie Moss opens up about 'horrible' Ozempic overdose, hospitalization
- Selling Sunset's Emma Hernan Slams Evil Nicole Young for Insinuating She Had Affair With Married Man
- 6 teenage baseball players who took plea deals in South Dakota rape case sentenced
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Tyreek Hill's attorney says they'll fight tickets after Miami police pulled Hill over
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Lil Wayne feels hurt after being passed over as Super Bowl halftime headliner. The snub ‘broke’ him
- Still adjusting to WWE life, Jade Cargill is 'here to break glass ceilings'
- The Flash’s Grant Gustin and Wife LA Thoma Welcome Baby No. 2
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Fani Willis skips a Georgia state Senate hearing while challenging subpoena
- Kate Gosselin’s Lawyer Addresses Her Son Collin’s Abuse Allegations
- Justin Timberlake Admits His Mistake After Reaching Plea Deal in DWI Case
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Gunman says he heard ‘killing voices’ before Colorado supermarket shooting
Video shows worker at Colorado Panera stop enraged customer with metal pizza paddle
Pittsburgh proposes a $500,000 payment to settle bridge collapse lawsuits
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
J.K. Dobbins makes statement with electrifying Chargers debut
A look at Harvey Weinstein’s health and legal issues as he faces more criminal charges
'Like a bomb going off': Video captures freight train smashing through artillery vehicle