Mariam Sharman

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Mariam Sharman
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Saudi Arabia's Public Investment Fund Plans to Acquire Boeing and Airbus Jets for New Cargo Airline ✈️


Saudi Arabia's Public Investment Fund (PIF) is in talks to acquire Boeing 777 and Airbus A350 jets as part of a new cargo airline initiative. 🚛 This venture aims to enhance the logistics network and support both the national carrier, Saudia, and the new Riyadh Air startup. 🌍 The investment aligns with Saudi Arabia's goals of economic diversification and sustainability, featuring modern, fuel-efficient aircraft to reduce carbon emissions and boost global cargo capabilities. 🌱


Aerospace
Investment
Saudi
Sustainability
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