Latest news with #airservices
Zawya
18-06-2025
- Business
- Zawya
Saudi Arabia, Panama sign air services agreement
President of the General Authority of Civil Aviation (GACA) Abdulaziz Al-Duailej signed a bilateral air services agreement between the governments of Saudi Arabia and the Republic of Panama during Saudi Arabia's participation at the 55th Paris Air Show, held from June 16 to 19, reported SPA. The agreement establishes a regulatory framework for safe, efficient, and orderly air transport between the two countries, adhering to the principles of the 1944 Chicago Convention. It demonstrates a mutual commitment to advancing civil aviation by strengthening regulations on air safety, aviation security, and fair competition. The agreement also supports Saudi Arabia's civil aviation sector strategy, which aims to forge global partnerships, expand air connectivity to 250 destinations, and increase passenger transport capacity to 330 million annually by 2030.
Arab News
17-06-2025
- Business
- Arab News
Saudi Arabia, Panama sign air transport agreement to strengthen global connectivity
RIYADH: Saudi Arabia and Panama have signed a bilateral air services agreement to enhance air connectivity between the two countries and expand access to global aviation markets. The deal was signed during the 55th edition of the Paris Air Show by Abdulaziz Al-Duailej, president of the General Authority of Civil Aviation, and establishes a regulatory framework for safe, efficient, and fair air services, according to the Saudi Press Agency. The deal reflects the Kingdom's broader efforts to expand its global aviation footprint in line with Vision 2030. As part of its National Aviation Strategy, the country is building international partnerships, strengthening regulatory frameworks, and increasing air connectivity to link to 250 global destinations and transport 330 million passengers annually by 2030. The new agreement complements the 1944 Chicago Convention on International Civil Aviation, the legal foundation for global air travel. It includes provisions on traffic rights, airline designation, and licensing, as well as the enforcement of international safety and security standards. It is also designed to promote fair competition and support the long-term commercial interests of national carriers in both countries. The deal aims to serve the common economic interests of national carriers and enhance their participation in the air transport market by applying modern market-entry models and supporting all forms of air traffic, SPA reported. 'The organization's participation aims to highlight the role of the civil aviation sector in the Kingdom as an important driver of the national economy, the promising investment opportunities it offers, and to learn more about the latest innovative global technologies in the sector,' the report added. Saudi Arabia, represented by GACA, concluded its participation at the Paris Air Show with a wider range of strategic announcements aimed at bolstering its aviation sector. Key outcomes included a memorandum of understanding with Airbus on environmental sustainability and aviation safety, a leasing deal for 77 new aircraft by Avilease, and Riyadh Air's order for 50 Airbus A350-1000 jets, increasing its future fleet to 182 aircraft in line with Vision 2030's goal of positioning Riyadh as a global air hub. The Saudi delegation was led by Saleh Al-Jasser, minister of transport and logistic services and chairman of GACA, accompanied by GACA president and senior executives from across the Kingdom's aviation ecosystem. Their participation focused on strengthening partnerships with leading aerospace companies, attracting investment into the Saudi aviation sector, and advancing bilateral cooperation. During the show, Al-Jasser and the delegation toured various pavilions showcasing innovations in advanced air mobility, aerospace, sustainability, and smart manufacturing. They observed emerging solutions featuring high levels of automation and digitization across both commercial and military aircraft. In addition to the MoU with Airbus, the show saw key commercial signings. Avilease, a Public Investment Fund-owned leasing firm, agreed to purchase 77 new-generation aircraft, including A350 freighters and A320 narrow-body jets. Riyadh Air confirmed an order for 50 A350-1000 aircraft, part of its plan to turn Riyadh into a global aviation hub. A separate agreement was signed between Cluster 2 Airports Co. and Airbus to explore collaboration opportunities in training, development, and investment. Al-Duailej also met with several global aviation leaders, including Damien Caze, director general of the French Civil Aviation Authority; Arjan Meijer, CEO of Embraer; and Bahrain's Minister of Transportation and Telecommunications Sheikh Abdulla Al-Khalifa, to discuss regional cooperation. The Kingdom's presence at the Paris Air Show underscored its commitment to civil aviation as a driver of economic growth, innovation, and international connectivity. The event is one of the world's most prominent in the aerospace industry, attracting thousands of participants and showcasing the latest in aviation, defense, and space technologies.
The Independent
13-06-2025
- Business
- The Independent
Direct flights between India and China to resume soon in landmark deal
India and China have agreed to hasten the reinstatement of direct air services and increase communication, according to statements released by both countries ' foreign ministries on Friday, signalling a continued effort to improve relations. This announcement follows a meeting on Thursday between Indian Foreign Secretary Vikram Misri and Chinese Vice Foreign Minister Sun Weidong, who is currently visiting India. In October, the two nations reached an agreement concerning patrolling along their Himalayan border, which helped to de-escalate tensions that began in 2020. The standoff had strained bilateral ties, affecting trade, technology, and air travel. During the meeting, Sun emphasised the importance of both sides properly managing disputes and differences, and jointly contributing to the maintenance of international and regional peace and stability, as stated by the Chinese ministry. The Indian ministry's statement echoed this sentiment, confirming that both countries have agreed to continue working towards stabilising and rebuilding their relationship. In January, the neighbours agreed to work on resolving trade and economic differences, a move expected to boost their aviation sectors. Ties between the neighbours were strained in July 2020 after at least 20 Indian and four Chinese soldiers were killed in a clash in the Galwan Valley in Ladakh. It was the first time in 45 years that a clash on the border had led to fatalities. The clash quickly turned into a standoff, with both sides stationing thousands of soldiers backed by artillery, tanks and fighter jets along the border. The troops blocked each other from patrolling their claimed areas. In the aftermath, India clamped down on Chinese firms, prohibiting them from investing in critical economic sectors and banning Chinese apps such as TikTok.
Reuters
13-06-2025
- Business
- Reuters
India, China agree to expedite resumption of direct air services
June 13 (Reuters) - India and China have agreed to expedite the resumption of direct air services and will continue to stabilise and rebuild ties, the Indian foreign ministry said on Friday. The statement from the foreign ministry came after a meeting on Thursday of Indian Foreign Secretary Vikram Misri and Chinese Vice Foreign Minister Sun Weidong, who is visiting India. The neighbours agreed in January to work on resolving trade and economic differences, a move expected to boost their aviation sectors.
