Boeing and Riyadh Air announced that the new carrier's first two passenger airplanes, 787 Dreamliners, were delivered and arrived in Riyadh, a milestone for the airline as it prepares to launch commercial service. The deliveries are a step forward for the Kingdom of Saudi Arabia's aviation strategy, which aims to attract 150 million visitors and serve 330 million passengers annually by 2030. Riyadh Air's fleet plan includes up to 72 787 airplanes that will play a central role in connecting the Kingdom to regional and long-haul markets, including Europe, Asia, Africa and North America.
Riyadh Air plans to serve more than 100 destinations by 2030, deploying early 787 flights to cities including London, Cairo and Jeddah.
The Boeing Company is the worldwide leader in aeronautical construction. Net sales (including intragroup) break down by market as follows:
- defense, space and security (46.3%): military aircraft and mobility systems (warplanes, helicopters, and air defense missiles), support services (logistics, engineering, maintenance and training services) and space equipment (satellites, launch pads, etc.);
- commercial aviation (30.4%). In addition to commercial aircraft, the group supplies spare parts and offers technical support, maintenance and engineering services.
The remaining sales (23.3%) are from services (logistics and supply management, engineering, maintenance, modification and training services, etc.), and commercial and private aircraft financing as well as aircraft equipment leasing activities.
Net sales are distributed geographically as follows: the United States (53.8%), Asia (18.4%), Europe (12.8%), Middle East (7.8%), Canada (2%), Oceania (1.8%), Africa (1.8%) and other (1.6%).
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
