Aramco, one of the world’s leading integrated energy and chemicals companies, and Riyadh Air, the Kingdom of Saudi Arabia's new premium international airline, have signed a Memorandum of Understanding (MoU) during the FII 8th Edition in Riyadh. The MoU sets the stage for potential collaboration in areas such as low-carbon fuel supply and sustainability.
Yasser M. Mufti, Aramco Executive Vice President of Products & Customers, said: “We are delighted by the prospect of exploring a wide variety of opportunities for collaboration between Aramco and Riyadh Air. Both companies have expressed a desire to adopt latest technologies, elevate experiences and contribute to sustainability objectives. Aramco’s work to develop lower-carbon fuels, its strong focus on digitalization, and its aviation experience, among other things, provide a strong platform for potential cooperation with Riyadh Air.”
Adam Boukadida, Riyadh Air Chief Financial officer, said: “Our partnership with Aramco aligns perfectly with our ambition to become a leading global airline committed to sustainability and low-carbon fuels. By leveraging Aramco’s expertise, we aim to improve our operational capabilities and provide outstanding experiences for our guests. Together, we can play a significant role in advancing the Kingdom’s environmental and economic objectives.”
