Last week, SAUDIA reported that they handled 19% more passengers in the first-quarter of 2024 compared to the same period last year.
The airline has been on a healthy growth trajectory, especially with all of the investment being made for tourism in the Kingdom.
Without further ado, let’s get into it…
The Numbers from SAUDIA…
For Q1 2024, SAUDIA handled 8.3m passengers, which is an increase of 19% year-on-year.
In their statement, the airline said the following on the breakdown:
“This positive trend was supported by an 11% increase in scheduled and additional flights, totaling 46.8 thousand while flight hours climbed by 13% to 144.7 thousand.”
“Additionally, Saudia maintained a commendable flight on-time performance of 89.3%.
“On the international front, Saudia experienced robust growth, with the number of guests increasing by 25% to exceed 4.7 million.”
“This growth was supported by a 13% increase in the number of international flights, totaling 20.9 thousand, and a 15% rise in flight hours, reaching 100.7 thousand, while international flight punctuality remained high at 86.5%.”
“Domestic operations also showed solid growth, with an 11% increase in the number of guests, reaching 3.6 million, and a 9% rise in flight activity, totaling 25.9 thousand flights.”
“Domestic flight hours increases by 9% to 44 thousand, while maintaining a strong on-time performance of 91.5%.
Will It Continue to Rise?: Growth in the Kingdom…
Passenger numbers for SAUDIA will no doubt rise year-after-year, due to the major investment being placed by the Kingdom.
Saudi Arabia’s General Authority of Civil Aviation (GACA) announced impressive growth in flights, passenger numbers, and global connections in 2023.
The Saudi skies saw a record-breaking year, with a record 112 million passengers and 815,000 flights recorded.
This surge is a direct result of the ongoing Saudi Aviation Strategy, which is transforming the Kingdom’s aviation sector.
The 2023 result – a 26% increase on 2022 and 8% above 2019 levels – shows the Strategy to be a success so far.
Overall…
In conclusion, SAUDIA is in a very strong position at present.
As the Kingdom continues to develop it’s tourism strategy, this will mean more passengers and more revenue.
Furthermore, annual passenger traffic in the Kingdom is expected to reach 330m passengers by 2030.
And with that, the airline will stand to benefit from this.
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