With global interest rates hitting historical highs – currently at 5.25% in the UK following an increase recently and 5.25% in the US – and economists anticipating further increases, many businesses across the whole of the travel spectrum are finding it harder to meet their debt commitments or raise further cash. However, it is often…
Global aviation shows interest in new air routes to Saudi Arabia
The 2022 edition of the Routes World forum, which was held at the Las Vegas Convention Center from 16 to 18 October 2022, saw major interest from global airlines and aviation players in establishing new air routes and strengthening existing air travel partnerships with Saudi Arabia. The Saudi delegation included an inaugural participation by the…
