Riyadh Air Signs Memorandum of Cooperation with Turkish Airlines
Riyadh Air, fully owned by Saudi Arabia’s Public Investment Fund, signed a strategic memorandum of cooperation (MoC) with Turkish Airlines, as per Al-Arabiya. This collaboration offers a broad range of benefits and services for passengers traveling between Riyadh and Istanbul, and other routes between Saudi Arabia and Turkey.
At the International Air Services Negotiations Conference
The agreement was signed on the sidelines of the 2023 International Air Services Negotiations Conference in Riyadh. This marks a step towards future collaborative partnerships. It aims to enable travelers fully utilize the global network of both carriers through a comprehensive code-sharing agreement.
Immediate Benefits for Passengers
The carriers also aim to make the benefits of this agreement available to passengers as soon as possible after Riyadh Air begins operations in mid-2025. However, the terms of the agreement are subject to regulatory approvals.
Loyalty program members of both airlines will earn points or credits when traveling on code-shared services managed by the other carrier. The companies are also exploring a broader loyalty agreement covering networks of the carriers destinations.
Enhanced Customer Experience
This strategic collaboration will provide a comprehensive range of benefits to both companies’ customers. It underscores Riyadh Air and Turkish Airlines’ commitment to joint efforts and efficiency enhancement across the value chain. This includes aviation support services, cargo, and digital development.
Executives’ Statements
Levent Konukcu, Chief Investment and Technology Officer at Turkish Airlines, expressed excitement about the partnership. He described the memorandum as more than cooperation but a bridge between Turkey and Saudi Arabia. It promises to expand reach, offer more choices, and enhance convenience for guests.
Moreover, Tony Douglas, CEO of Riyadh Air, highlighted the agreement’s significance. Partnering with the world’s largest airline in terms of destinations covered, Riyadh Air aims to become a leading global carrier. The strategic agreement will facilitate the airline’s expansion to about 130 destinations worldwide.
Bilateral agreements with leading global airlines are crucial for Riyadh Air. These partnerships provide greater connectivity and easier access to Turkey.
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