DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
March 29, 2024
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For an airline that started in the business in 2016, news of an order for 16 777s is eye-popping.  What do we know about this airline?  Currently, it operates four A320s seating 186 – an LCC LOPA.  To move from four A320s to 16 777s, even by 2020?  Moreover, the airline has 16 CS300s on order as well, the first of which might be delivered later this year.

SaudiGulf is owned by the Al Qahtani Group, a private company with a myriad of commercial interests.  Intriguingly, the airline is not listed among these interests.  But its travel agency is.

Even if the airline has the capital to deploy, how fast can it grow?   The region’s other big airlines have slowed their growth.  They are unlikely to be willing to accommodate an ambitious rival following the same strategy they did a few years back.  This is something to watch.

 

 

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Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.

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