The reforms will relax foreign ownership rules, enhance transparency, and support airport privatization.
The changes include streamlining economic license requirements for airlines, removing restrictions related to empty-leg flights, and introducing an airfare and capacity reporting mechanism for domestic routes to protect consumers.
These reforms aim to create an open and competitive market environment for both domestic and international investors, align with Saudi Arabia's aviation strategy, and support the country's ambitious airport privatization agenda.
Additionally, Saudi Arabia is positioning itself as a global cargo transit hub, with plans to increase freight capacity and infrastructure improvements. These reforms will contribute to the growth and development of the kingdom's aviation sector.