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10 billion riyals, the total of the signed agreements and the adoption of the Riyadh Aviation Declaration
Airplane in the sky

The Future of Aviation Conference, which was held under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and hosted by the General Authority of Civil Aviation during the period from May 9-11 in Riyadh, witnessed the signing of more than 50 agreements worth $2.7 billion (10 billion Saudi riyals), including Bilateral agreements for air services, with the aim of strengthening connectivity between the Middle East, Latin America, and Africa, in addition to signing cooperation agreements in the fields of sustainability, human capital development, and airport operation, in addition to several partnerships in the technology field.

The conference also addressed, during its sessions, a number of aviation sector leaders around the world, ways to achieve a flexible and sustainable recovery for the sector at the global level.

The closing ceremony included the presentation and adoption of the “Riyadh Aviation Declaration”, which sets out 6 guiding principles for the future of aviation, which will constitute a decisive factor in correcting the path of the international aviation sector towards supporting innovation, enabling growth and building a more sustainable global sector, by encouraging cooperation at the multilateral, regional and national levels. As well as adopting a new approach in the sector, at the core of which is the customer and the traveler.

The Minister of Transport and Logistics, Engineer Saleh Al-Jasser, presented the “Riyadh Aviation Declaration”, describing the adoption of this declaration as a pivotal point in the history of the global aviation sector. The vision is a reality, and the announcement is a defining moment in the history of this sector.”

Al-Jasser indicated that the conference will become a frequent event, as the second conference will be held in 2024, after the success of this conference, expressing his happiness to host the “Future of Aviation” conference once every two years.

It is noteworthy that the Kingdom was awarded the Arab Civil Aviation Award 2022 AD after hosting the Future of Aviation Conference, in recognition of its efforts in addressing the most difficult challenges facing the global aviation sector.