This is a welcome development indeed. Travelers will be delighted to have a choice when traveling by air.
This will stimulate and grow the industry further. Hopefully, the new airline will start on a sound footing and focus on customer service (on the ground and inflight), quality and provide sufficient daily frequencies on the trunk routes, things that are all inexistant at Saudi Arabian Airlines, which has enjoyed a monopoly for far too long!
has been reported in the press today to be in final negotiations with Airbus for the purchase of four (4) brand new Airbus A320s for its new low-cost carrier.
This is an interesting development, as Saudi travelers consider the narrow body 737 and MD90s to be 'too small for their comfort'. Interesting to see if this new low-cost carrier will ever consider wide-body aircraft and whether it will fit in their business plan.
Good luck to them! I will post further developments on this thread, including the source for the Airbus order, shortly.