Many of the big businesses in Saudi Arabia are owned by the government, and so by royal decree the chairman of Saudia, an airline company, has been replaced in recent changes of management.
The airline is the third largest one in the middle east considering revenue. Qatar airways, and Emirates are the two airlines that are larger than Saudia.
http://www.arabnews.com/node/1036411/saudi-arabia
This just makes me feel glad that Trump (or any other president) won't be able to go around replacing CEOs by royal decree.
ReplyDeleteYeah, it could be worse right? XD
ReplyDelete