RIYADH: Saudi Arabia appointed new chairman of Saudi Arabian Airlines as for as changed the airline’s board. According to the airline’s website Shabal will replace Sulaiman al-Hamdan.
Saudi Press Agency said representatives of the finance, economy and civil service ministries and the Public Investment Fund would be made members of the airline’s board.
Saudi Arabia’s air travel industry has benefited from strong population growth and rising incomes since the government announced plans in 2012 to liberalize the domestic aviation market in 2012.
At present the state-owned carrier’s only domestic competitor is budget carrier Flynas.
