The Budapest project, expected to span one million square metres, will feature residential and commercial towers
First revealed in 2023 by Hungarian Minister Janos Lazar, the project was said to cost approximately EUR1bn, to enhance and upscale an abandoned neighbourhood in the capital
Heathrow’s sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis
The new flights will connect the Saudi capital as well as major cities with European destinations including Bucharest, Budapest, Milan, Naples, Rome, Venice and Vienna
The carrier’s global network will grow to 99 destinations