Air Transport World

Saudi Arabian.(Africa/Middle East)(Brief Article)

Traffic was up a scant 2.3% in passengers carried in 2003. Although known to lose money, the state-owned airline doesn't reveal comprehensive financial details. Restructured a few years ago, it has completed integration of five new 747-400s, 23 777-200ERs, four MD-11Fs and 29 MD-90-30s, acquired at a cost of $7.5 billion between 1997 and 2001, into a mixed Airbus-Boeing fleet of 111 aircraft.

In connection with aims to partially privatize Saudi Arabian civil aviation and airport operations in 2004-05, the airline's board in 2002 approved the sale of cargo and technical services. …

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