Riyadh Air will receive its first Boeing 787-9 aircraft from the US plane maker later than scheduled this year, delaying the start-up airline's debut.
The carrier will get its first wide-body jet in the third quarter of this year, with the first flight to launch shortly afterwards, it said on Thursday. The airline had originally planned to start operations in the middle of the year.
“The arrival of the first B787-9 will allow operations to commence as soon as possible, and we remain in close contact with our colleagues at Boeing with the aim to receive delivery of a number of aircraft later this year,” an airline official said.
“Major parts of the first aircraft are already prepared for final assembly and given well-known global supply chain challenges, we expect delivery to start in Q3, facilitating the start of operations soon after.”
The airline expects to receive its air operator certificate from the regulator in “the coming weeks”, while more than 60 cabin crew and pilots have already been hired. Riyadh Air will reveal its aircraft cabins and product offerings in the “coming months”, it said.
Riyadh Air has previously said that it has received commitments from Boeing for timely delivery of its first aircraft, as the start-up does not have the option to operate older or leased planes.
However, the US plane maker has been struggling to deliver on time due to strikes and production problems. About 33,000 workers at two major plants went on a seven-week strike in September that crippled most of Boeing's production.
“We continue to work closely with Riyadh Air on their delivery schedule and look forward to supporting Riyadh’s inaugural operations,” a Boeing representative told The National.
Over the past few years, a series of crises have gripped Boeing, which is now working towards rebuilding trust with passengers and regulators, nearly a year after a door panel blew off during an Alaska Airlines 737 Max 9 flight. That sparked a leadership shake-up and deliveries plunged 35 per cent in 2024 as production was restricted to resolve quality issues.
“We remain focused on executing our production rate plans to meet strong demand for the 787 Dreamliner family, and we continue to work closely with all our 787 customers on the specific timing of their deliveries,” the Boeing representative said.
In the months following the mid-air panel blowout incident, Boeing worked to tackle defective parts from suppliers.
Airlines worldwide have been facing faltering supply chains and shortages of parts including seats, cabins and galleys, worsening production and delivery delays.
The International Air Transport Association (Iata) forecast last month that severe supply chain issues would continue to affect airlines into 2025, raising costs and limiting growth.
Willie Walsh, Iata's director general, said earlier this month that airlines were missing out on opportunities to better serve customers and modernise their products owing to aircraft not being delivered on time.
“The 2025 New Year’s resolution for the aerospace manufacturing sector must be finding a fast and durable solution for their supply chain issues,” he said.
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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The Vile
Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah
Director: Majid Al Ansari
Rating: 4/5
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MATCH INFO
Uefa Champions League semi-final:
First leg: Liverpool 5 Roma 2
Second leg: Wednesday, May 2, Stadio Olimpico, Rome
TV: BeIN Sports, 10.45pm (UAE)
Results
STAGE
1 . Filippo Ganna (Ineos) - 0:13:56
2. Stefan Bissegger (Education-Nippo) - 0:00:14
3. Mikkel Bjerg (UAE Team Emirates) - 0:00:21
4. Tadej Pogacar (UAE Team Emirates) - 0:00:24
5. Luis Leon Sanchez (Astana) - 0:00:30
GENERAL CLASSIFICATION
1. Tadej Pogacar (UAE Team Emirates) - 4:00:05
2. Joao Almeida (QuickStep) - 0:00:05
3. Mattia Cattaneo (QuickStep) - 0:00:18
4. Chris Harper (Jumbo-Visma) - 0:00:33
5. Adam Yates (Ineos) - 0:00:39
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