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00:00We signed a memorandum of understanding, which is the first of its kind, in cooperation and trust between us and the Saudi Tourism Organization.
00:07It strengthens the opportunities to reach a number of destinations around the world.
00:12It serves the capital, Riyadh, and links it to various countries around the world.
00:18Therefore, it is an important part.
00:20We also signed agreements with various companies, including travel agencies and tourism.
00:25We support this important presence for us in our exhibition in the future, God willing, at the time of the launch of the commercial operation.
00:33Mr. Osama, while we are in the stage of preparation and preparation for launch, where are we now?
00:39Today, we are in the stage of commercial preparation for the Riyadh flight.
00:45In the coming months, we will launch various products and services
00:52that we announce to the target audience in general.
00:57What are the main targets for the Riyadh flight?
01:01The targets of the Riyadh flight are, God willing, to be a support for tourism.
01:07It is a main reference to strengthen the position of the kingdom in general in attracting tourism.
01:14We see our celebration in the past period in reaching about 100 million travelers.
01:19The Ministry of Tourism and the Saudi Tourism Organization announced very important events.
01:26The Riyadh flight is the first point of contact to receive tourists and visitors to the kingdom.
01:33Of course, it also depends on the fleet.
01:36What are the expectations of receiving a number of flights in the coming period?
01:41What is the expected time and number?
01:44Excellent question.
01:45Last year, we announced our first deal in the purchase agreement of 72 Boeing-style planes.
01:53We are still in a timetable and working on a document with Boeing to work on the delivery plan.
02:01The first plane is the most important point for us in the timetable and the timeline we are trying to reach.
02:09Therefore, this is an important part.
02:11We work on it within the work teams, the commercial operations team, and the commercial fleet team.
02:20They work closely with Boeing to determine this period.
02:24We are trying to reach the first quarter, which is the period in which our first plane arrives.
02:30There will be a number of tests and preparations.
02:34There is a checklist that we work on with the public aviation commission and various companies around the world
02:43until we get an official license for the plane.
02:50Mr. Hussein, can the Riyadh flight be directed to the purchase in the coming period?
02:55At the moment, we are not considering this issue.
02:58The Riyadh flight is a fully owned company of the General Investment Fund.
03:03Alhamdulillah, we see that there is a lot of financial support for Tayran Nashiya.
03:09Tayran Nashiya is the largest airline around the world.
03:13We have not seen a fully owned airline.
03:17We are looking for a license 20 or 25 years ago.
03:21Finally, do we expect to see the Riyadh flight in the Saudi market?
03:26At the moment, we are not working on this part.
03:29When we reach this goal, we will announce all the details.