A new national airline will be launched in Saudi Arabia as part of a strategy to develop Riyadh into a worldwide aviation hub that can compete with regional aviation giants such as Dubai and Doha, as reported by AFP.

Saudi Arabia launches new airline, plans to turn Riyadh into aviation hub

Russia-Ukraine war: Antonov AN-225, world's largest plane, in tatters. See pics

Bombardier has given up on commercial aviation, selling its regional jet business to Mitsubishi Heavy Industries for $550 million in cash.

Bombardier sells commercial aviation division to Mitsubishi

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