Saudi Arabia Hones Search for CEO to Run New State Airline
- Figures from across industry said to have considered role
- Kingdom’s wealth fund may name appointee in coming months
Saudi Arabia said in June last year that it would found a second national airline alongside flag carrier Saudia as part of the Vision 2030 push to make the economy less dependent on oil.
Photographer: Ryan Olson/BloombergThis article is for subscribers only.
Saudi Arabia’s bid to recruit a chief executive officer for a new national airline is nearing a conclusion after earlier prospects for the post shied away from the role, according to people with knowledge of the situation.
Current and former chiefs at American, European and Mideast airlines were approached by corporate headhunters before deciding against getting involved, two people said, asking not to be named because the matter is private.