
Riyadh Air and Air France-KLM sign MoU to establish strategic cooperation and expand global connectivity
Partnership aims to enhance global connectivity for guests traveling between Riyadh, Paris, Amsterdam and beyond.
Focus areas include network connectivity, codeshare cooperation, loyalty program rewards and seamless guest experience.
Collaboration to explore joint opportunities in MRO, sustainability, digital transformation and cargo.
New Delhi – Saudi Arabia's new national carrier, Riyadh Air and Air France-KLM signed a Strategic Cooperation Memorandum of Understanding (MoU), marking a significant step forward in global connectivity for guests traveling between Riyadh, Paris, Amsterdam, and destinations far beyond.
The MoU, signed at the 2025 IATA Annual General Meeting by Tony Douglas CEO Riyadh Air and Benjamin Smith CEO of Air France-KLM Group, sets the foundation for a dynamic partnership. Subject to regulatory approvals, the collaboration aims to gradually introduce a wide range of benefits for guests and to unlock new opportunities across Western Europe, North and South America, the Middle East, Asia, and the Kingdom of Saudi Arabia.
This strategic partnership will focus on strengthening network connectivity, with both partners working together to maximize future opportunities through Riyadh Air's hub in the capital of Saudi Arabia and Air France-KLM's Paris-Charles de Gaulle and Amsterdam-Schiphol airport hubs. The recent launch of Air France's Paris Charles de Gaulle–Riyadh service, alongside KLM's established Amsterdam–Riyadh operations, reflects the shared commitment to expanding travel options for guests.
Beyond route connectivity, Riyadh Air and Air France-KLM will collaborate to enhance the guest experience, exploring opportunities in reciprocal loyalty program rewards, operational support, and lounge access. The partnership also extends to areas such as Maintenance, Repair and Overhaul (MRO), digital transformation, sustainability, and cargo services—ensuring a comprehensive approach to delivering value.
Tony Douglas, CEO of Riyadh Air, commented: ' We are dedicated to connecting Riyadh to the world, and partnering with Air France-KLM - a leader in global aviation, will accelerate bringing to life our vision to deliver exceptional experiences and the realization of our long-term vision: to redefine air travel through innovation, operational excellence, and guest-centric services. This partnership not only strengthens our international network but also reinforces confidence in our growth trajectory and our role in supporting Saudi Arabia's broader economic diversification goals under Vision 2030.'
Benjamin Smith, CEO of Air France-KLM Group, added: 'Saudi Arabia is rapidly emerging as a key market for aviation. With our three brands, Air France, KLM and Transavia now serving the country, and with this new agreement with Riyadh Air, we aim to continue increasing our footprint in the region. We look forward to combining our networks and expertise with Riyadh Air, and to offer our mutual customers more choice and convenience. This cooperation is complementary to our SkyTeam partner in the region.'
As Riyadh Air embarks on its journey to become a leading global carrier, this partnership with Air France-KLM underlines a bold commitment to excellence, innovation, and exceptional guest experience.
About Riyadh Air
Riyadh Air, a PIF company, is a world-class airline. Launched in March 2023, the airline will be a digitally led, full-service airline that adopts the best global sustainability and safety practices across its advanced fleet of aircraft. Riyadh Air will equip its aircraft with the most advanced, state-of-the-art features with innovative, best-in-class cabin interiors and experiences, including next generation digital in-flight entertainment systems and connectivity solutions. Riyadh Air will connect guests to over 100 destinations around the world by 2030 through offering an exceptional guest experience with an authentic, warm Saudi hospitality at its heart. Website: www.riyadhair.com.
About Air France-KLM Group
A global player with a strong European base, the Air France-KLM Group's main areas of business are passenger transport, cargo transport and aeronautical maintenance.
Air France-KLM is a leading airline Group in terms of international traffic on departure from Europe. It offers its customers access to a worldwide network, covering over 320 destinations thanks to Air France, KLM Royal Dutch Airlines and Transavia, mainly from its bases at Paris-Charles de Gaulle, Paris-Orly and Amsterdam-Schiphol.
Flying Blue is the loyalty programme of the Air France-KLM Group with more than 26 million members.
Together with its partners Delta Air Lines and Virgin Atlantic, Air France-KLM operates the largest transatlantic joint venture, with more than 375 daily flights. Air France-KLM is also a member of the SkyTeam, the alliance dedicated to providing passengers with a more seamless travel experience at every step of their journey 19 member airlines working together across an extensive global network.
Recognized for 20 years as an industry leader in sustainable development, the Air France-KLM Group is determined to accelerate the transition to more sustainable aviation.
Air France-KLM press office:– www.airfranceklm.com - @AirFranceKLM
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
21 hours ago
- Zawya
NBA superstar and international businessman Kevin Durant partners with Qatar Sports Investments
Innovative collaborations planned on Merchandise, Media Content, Community Programs and potential Basketball/Multi-Sport expansion Los Angeles, Paris – Qatar Sports Investments, the majority-owner of European Champions Paris Saint-Germain, has signed an investment and strategic partnership agreement with Kevin Durant, one of the most decorated US basketball players of all time and a leading investor in sports and entertainment properties. The deal will see Durant – via his media and investment arm Boardroom, with entrepreneur and long-time business partner Rich Kleiman – acquire a direct minority stake in the Club. In August 2024, Durant – the two-time NBA Champion, four-time Olympic gold medalist, MVP, and fifteen-time NBA All-Star – partnered with Paris Saint-Germain through Arctos Partners, a minority shareholder in the Club. Earlier this week, Qatar Sports Investments and Boardroom Sports Holdings – Durant's personal investment vehicle which holds stakes in a range of leading sports teams and leagues – signed a share purchase and strategic partnership agreement whereby Durant has become a direct minority shareholder in Paris Saint-Germain. As part of the relationship, Boardroom and Qatar Sports Investments will partner on a wide-series of commercial, investment, and content initiatives; and Durant will support the Club on its continued sports and business diversification and growth – including co-developing merchandise and original media content; advising on the Club's US and other international markets strategy; supporting PSG for Communities (the Club's charitable foundation and fundraising arm); and consulting on Paris Saint-Germain's multi-sport strategy including potential plans in basketball. Nasser Al-Khelaïfi, Chairman of Qatar Sports Investments said, 'QSI is pleased to welcome Kevin Durant as a direct shareholder in Paris Saint-Germain and strategic partner of our Group. We continually seek to elevate the Club and our broader portfolio through high-impact partnerships that bring strategic value, innovation, and global perspective. Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI.' Kevin Durant said, 'It is an honour to partner with QSI and be a shareholder in Paris Saint-Germain – a Club and a city that is so close to my heart. This club has big plans ahead, and I can't wait to be a part of the next phase of growth; and to explore new investment opportunities with QSI.' About Qatar Sports Investments Qatar Sports Investments (QSI) is a strategic investment group focused on world-class assets across sport, entertainment, lifestyle, and culture. Founded in 2004, QSI brings hands-on expertise, innovative capital solutions, and a long-term vision to each of its investments. Its portfolio includes the iconic football club and current European Champions Paris Saint-Germain (PSG), the global professional padel tour Premier Padel, and the historic Portuguese football club Sporting Clube de Braga (SC Braga), together with major investments in Art Basel and other leading assets. With a proven track record of transformative impact, QSI continues to shape the future of cultural and entertainment experiences worldwide. For more information, please contact: media@ About Boardroom Boardroom is a media brand co-founded by Kevin Durant and Rich Kleiman that focuses on the intersection of sports, entertainment, and business. Boardroom's media arm produces daily and weekly newsletters along with premium content showcasing how athletes, executives, musicians, and creators are moving the business world forward. Boardroom's network reaches over 52 million unique visitors each month, delivering a powerful blend of premium content and immersive experiences. Boardroom's signature events – including the annual CNBC x Boardroom Game Plan Summit, NBA and WNBA All-Star weekend activations, and other tentpole moments like F1 Miami, US Open, and Art Basel – consistently attract an elite network of athletes, entertainers, and entrepreneurs who are shaping the future of business. Boardroom's advisory arm consults and connects athletes, brands, and executives with its broader network and initiatives while Boardroom Sports Holdings invests in sports teams and leagues, including the Major League Pickleball team, the DC Pickleball Team, NWSL champions Gotham FC, and MLS' Philadelphia Union. Recent film and TV projects under the Boardroom brand include the Academy Award-winning Two Distant Strangers (Netflix), the critically acclaimed scripted series Swagger (Apple TV+) and Emmy-nominated documentary NYC Point Gods (Showtime).


Zawya
a day ago
- Zawya
Saudi: New SAMA rules limit credit card fees: 3% cash withdrawal, 2% foreign purchases, free e-wallet top-ups
RIYADH — The Saudi Central Bank (SAMA) announced on Thursday updated rules for the issuance and operation of credit cards, aimed at lowering costs for customers and increasing levels of disclosure and transparency. The new regulations will take effect within 30 to 90 days. Among the key updates, credit card issuers must notify customers of any changes in fees via SMS, with customers allowed to terminate their agreement within 14 days of receiving the notice. E-wallet top-ups via credit cards are now free of charge. For cash withdrawals below SR2,500, fees are capped at 3% of the transaction amount. For withdrawals of SR2,500 or more, fees are limited to a maximum of SR75. International purchases will now carry a 2% fee of the transaction value. Customers are also permitted to deposit additional amounts above their credit limit and withdraw them at any time without incurring charges. SAMA worked with global payment companies to assess and reduce associated transaction costs, as part of its mission to enhance Saudi Arabia's digital payment ecosystem and provide a diverse array of payment options for customers and visitors. Transparency measures now require issuers to notify customers immediately of any financial transactions and to send account statements via SMS. Issuers must also provide tools for customers to estimate rewards and international charges before making a purchase. Regarding repayment, customers may pay off their full outstanding balance without incurring late fees, with a mandatory grace period of at least 25 days. The regulations also unify disclosure templates for all fees, charges, and benefits within credit card agreements, promoting greater clarity for consumers. Previously, cash withdrawals carried fees of SR75 for transactions up to SR5,000 and 3% of the transaction amount for amounts over SR5,000, with a maximum fee of SR300. The new cap of SR75 for larger transactions offers more favorable terms. International transactions are now subject to a clear 2% fee, and additional charges include SR25 for invalid transaction disputes and account statement requests. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
a day ago
- Zawya
Turkish Airlines explores Air Europa stake as bid deadline looms
Turkish Airlines is exploring making a bid for a minority stake in Air Europa, the latest carrier to express interest in the Spanish airline, according to two sources with knowledge of the deal, with binding bids due in the coming weeks. Interested investors have been asked to submit binding bids by early July, one of the sources and two more said. The sources declined to be identified because the terms are confidential. Turkish Airlines' consideration of a bid is significant as there are few examples of carriers outside Europe buying shares in players in the region. The interest has been reported by Spanish online newspaper El Espanol. The deadline for binding bids has not previously been reported. Air France KLM and Lufthansa are also in talks with Globalia, the holding company of the family Hidalgo that founded the company, about buying a stake, Reuters reported previously. The airline makes just over a quarter of its revenues from Europe. It has a codeshare agreement with Air Europa. Turkish Airlines did not immediately respond to requests for comment, while its shareholder Turkey's Wealth Fund declined to comment. A representative for Globalia and the Hidalgo family said they did not want to comment on an ongoing operation because of confidentiality issues. Lufthansa declined to comment. An Air France-KLM spokesperson said the airline is interested in reinforcing its longstanding cooperation with Air Europa. NEXT PHASE OF LONG PROCESS Binding bids would mark the next phase of a prolonged sale process as Air Europa seeks to raise cash to repay a government loan granted during the pandemic. A previous plan had aimed for binding bids in May, two of the sources said. The process has faced delays due in part to disagreements between members of the Hidalgo family and concerns from interested airlines on the structure of the deal, according to the two sources and a fourth one said. The interested parties are working with advisers to structure bids in the hope that buying a minority stake of about 20% may put them in a better position to take control of the airline in the future, the two sources added. Some potential suitors have expressed concern over a lack of clarity about how they may be able to do that, according to the fourth person with knowledge of the talks. Last year, BA-owner IAG which has a 20% stake, abandoned a deal to take full ownership of the airline after regulators raised issues over competition given its ownership of Spanish carrier Iberia. It also owns Vueling and Aer Lingus. Pressure has mounted on airlines to consolidate in Europe to better compete with major global rivals from the United States and the Middle East. Many are focusing on the most popular routes in southern Europe as a target for expansion. Air Europa flies within Spain and between Madrid and large cities in Europe and Latin America. (Reporting by Andres Gonzalez and Joanna Plucinska; Additional reporting by Ceyda Caglayan in Istanbul and Inti Landauro in Madrid; Editing by Josephine Mason and Barbara Lewis)