Berliner Tageblatt - TURKISH AIRLINES AND RIYADH AIR SIGN STRATEGIC COOPERATION MoU

TURKISH AIRLINES AND RIYADH AIR SIGN STRATEGIC COOPERATION MoU
TURKISH AIRLINES AND RIYADH AIR SIGN STRATEGIC COOPERATION MoU

TURKISH AIRLINES AND RIYADH AIR SIGN STRATEGIC COOPERATION MoU

Airlines signed an MoU to offer a comprehensive range of benefits for guests travelling between the Kingdom of Saudi Arabia, Türkiye and points beyond

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Broader strategic benefits also expected along the value chain include aviation related services, cargo and digital development

RIYADH, Saudi Arabia, Dec. 4, 2023 /PRNewswire/ -- Turkish Airlines (TK) and Riyadh Air (RX) have agreed a Strategic Cooperation Memorandum of Understanding to offer a comprehensive range of benefits for guests traveling between the Kingdom, Türkiye and points beyond their Riyadh and Istanbul hubs, as well as lay the ground for deeper future collaborations. Guests of both airlines will be able to take full advantage of each carrier's worldwide network through a comprehensive interline and codeshare agreement that will allow customers to seamlessly connect between and combine sectors operated by either Riyadh Air or Turkish Airlines.

TURKISH AIRLINES AND RIYADH AIR SIGN STRATEGIC COOPERATION MoU

Turkish Airlines Chief Investment & Technology Officer, Levent Konukcu and Riyadh Air CEO, Tony Douglas, signed the agreement at a ceremony on the sidelines of the ICAO Air Services Negotiation Event (ICAN 2023) held in Riyadh, Saudi Arabia. The intention of both carriers is that benefits will be made available to guests as soon as possible after Riyadh Air launches operations in mid-2025 and is subject to regulatory approvals by relevant authorities.

The cooperation will allow members of each carrier's loyalty program to earn points or credits when traveling on codeshare services operated by the other, with both airlines also exploring opportunities to develop a broader loyalty agreement covering both global networks. In addition to offering a comprehensive range of guest benefits, the MoU also commits Riyadh Air and Turkish Airlines to work together to explore and implement broader synergies and efficiencies across the value chain, touching areas such as aviation related services, cargo and digital development.

Turkish Airlines Chief Investment & Technology Officer, Levent Konukcu stated: "We are happy to start our relationship with Riyadh Air, a promising new player in the aviation industry. This Memorandum of Understanding is more than a collaboration; it's a bridge between Türkiye and Saudi Arabia, further strengthening our ties. It's also an opportunity to expand our reach and offer our guests more choices and convenience. We believe this partnership will not only benefit our customers but also contribute significantly to the tourism and business sectors of both countries."

Riyadh Air CEO, Tony Douglas said: "This agreement is another very significant step in the evolution of Riyadh Air as we partner with the world's largest global airline by destinations served. Our close relationship will open up seamless connectivity via the global-leading hub at Istanbul Airport to some 130 destinations worldwide, especially within Türkiye, Europe and the Americas and accelerate our network footprint through the market-leading, guest-centric, digitally focused and like-minded global airline brand that is Turkish Airlines."

Douglas added, "Bilateral agreements with established network airlines are extremely important to Riyadh Air and there are significant benefits to this partnership, our passengers can enjoy greater connectivity to the world and deeper access to Türkiye, while an increased flow in volumes of tourism, religious and business travel into the Kingdom of Saudi Arabia is anticipated. Turkish Airlines is a world class aviation brand, and we are proud that they wish to play a part in the Riyadh Air story."

The establishment of Riyadh Air is in line with PIF's mandate to unlock the capabilities of key sectors locally to drive the diversification of Saudi Arabia's economy. The airline will also support the Saudi Aviation Strategy's broader vision, and enable the National Tourism Strategy, unlocking Saudi Arabia's cultural and natural attractions to international tourists and creating new jobs.

W.Lapointe--BTB

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