Saudi Arabia Is Reportedly Looking At Airbus & Boeing Aircraft To Form New Cargo Airline

Saudi Arabias Public Investment Fund (PIF) is reportedly looking at establishing a brand new cargo airline, supported by new orders with both Boeing and Airbus according to a recent report by Bloomberg. The PIF acts as the sovereign wealth fund of Saudi Arabia and was set up in 1971 by the country and is currently overseen by Crown Prince Mohammad bin Salman.