logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Backed by AstroLabs, AirX expands into Saudi Arabia after GACA approval

Backed by AstroLabs, AirX expands into Saudi Arabia after GACA approval

GHADA.ISMAIL
Feb 15, 2026
Company targets growing private aviation demand across key Saudi cities

Riyadh – Sharikat Mubasher: AirX, a Maltese private aviation operator, announced its official expansion into the Saudi Kingdom after receiving regulatory approval from the General Authority of Civil Aviation. As per a recent press release, this move is being supported by AstroLabs and marks a new phase in the company’s regional growth.

With the approval in place, AirX plans to strengthen its private jet charter operations in the Kingdom and increase the number of aircraft available locally. The company said the expansion reflects its long-term commitment to Saudi Arabia’s fast-growing private aviation market.

Houssam Hazzoury, AirX’s Group CEO, indicated that Saudi Arabia has become one of the world’s most important aviation markets, driven by strong growth in tourism, investment, and international business under Vision 2030. He noted that the GACA approval allows AirX to expand its operational footprint and offer premium private jet services to corporate, VIP, and government clients inside the Kingdom.

Fouad Fattal, AstroLabs’ Vice President of Commercial, said AirX’s entry comes at a time when Saudi Arabia is strengthening its position as a global aviation and tourism hub, creating new opportunities for premium private aviation services.

AirX currently operates a fleet of 20 aircraft and plans to work closely with local partners as it expands services across key destinations, including Riyadh, Jeddah, and NEOM.

Tags

AstroLabs
AirX
aviation
expansion
Saudi Arabia
Share

Attract clients with your ad

Start Now

Trending

CEO: Keheilan to launch $8m deep tech fund in Saudi Arabia
MUBASHER.SA
Backed by AstroLabs, AirX expands into Saudi Arabia after GACA approval
MUBASHER.SA
Aramco partners with Microsoft to advance industrial AI in Saudi Arabia
Riyadh - Sharikat Mubasher: Saudi Aramco, one of the world's leading integrated energy and chemicals companies, signed a non-binding memorandum of understanding (MoU) with Microsoft to accelerate the adoption of industrial artificial intelligence (AI), enhance digital capabilities, and strengthen workforce development in Saudi Arabia.Supported by Microsoft, Aramco will explore a series of digital initiatives designed to drive its broader digital transformation, the company announced in a recent statement.The MoU includes several areas of focus, notably digital sovereignty and data residency, operational efficiency and digital infrastructure, industry alliance framework, and industrial AI IP co-innovation.Aramco will also explore various AI-driven industrial solutions built on Microsoft Azure to help improve operational efficiency, elevate global competitiveness, and establish new models for technology-enabled energy and industrial systems.Ahmad Al Khowaiter, Aramco Executive Vice President of Technology and Innovation, affirmed the company’s commitment to driving the energy sector’s digital transformation by creating a secure, intelligent, and collaborative digital ecosystem.“In partnership with Microsoft, we seek to further scale cutting-edge digital and AI solutions in that sector to achieve efficiency and innovation, without compromising the highest standards of security and governance,” he added.In turn, Brad Smith, Vice Chair and President of Microsoft, stated that the partnership marks the next step in Microsoft’s long-standing collaboration with Aramco, exploring how industrial AI can move from pilots into core operations to improve efficiency and resilience at scale.Aramco and Microsoft will also explore programs to help accelerate digital and technical skills development across Saudi Arabia. This includes building capabilities in AI engineering, cybersecurity, data governance, and product management, supported by measurable outcomes. 
Madfu closes SAR 95 mn pre-series A to expand BNPL offering
MUBASHER.SA
MODON signs SAR 4.26 bn deals to localize military industries
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Feb 15, 2026
Backed by AstroLabs, AirX expands into Saudi Arabia after GACA approval
Read More
Private Equities News
Calendar Icon
Feb 15, 2026
Aramco partners with Microsoft to advance industrial AI in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Feb 12, 2026
MODON signs SAR 4.26 bn deals to localize military industries
Read More
Private Equities News
Calendar Icon
Feb 12, 2026
Emergence fully acquires UAE’s AlgoDriven to offer superior AI data solutions
Read More
Private Equities News
Calendar Icon
Feb 12, 2026
Broadnet expands messaging portfolio, Strengthens Saudi market presence
Read More
Private Equities News
Calendar Icon
Feb 12, 2026
CEER to start manufacturing EVs in Q4-26
Read More
Private Equities News
Calendar Icon
Feb 12, 2026
BlueFive unveils aircraft leasing platform BlueFive Leasing
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher