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Wednesday, September 27, 2023

flynas to become MENA’s largest low-cost carrier with 250 aircraft order

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The Board of Directors of flynas, the Saudi airline, and the Middle East’s biggest low-cost carrier, approved the company’s strategic plan and increased its order volume to 250 aircraft.

The Board complimented the company’s performance in quickly recovering from the ramifications of the Covid-19 pandemic, as well as the senior management’s effectiveness in managing the crisis and restoring pre-pandemic operating levels in record time, after evaluating the financial results for the year 2021.

Flynas’ CEO and MD, Bander Almohanna, praised the Board of Directors’ unwavering support, praising its confidence and bold vision.

“The decision of the Board of Directors of flynas to raise our new aircraft orders to 250 supports our effort to achieve the Civil Aviation Strategy, and expresses the Board of Directors’ belief in the growth opportunities and positive perspective of domestic and international markets,” Almohanna said.

“From our position as a Saudi air carrier, we see great opportunities for expansion supported by the strategic location of the Kingdom and the prospects opened by Saudi Vision 2030 for the air transport sector. This is reinforced by the launch of the Civil Aviation Strategy, which aims to increase the annual passenger traffic to 330 million and connect KSA with more than 250 destinations worldwide by 2030,” he added.

Almohanna explained, “We will explore aircraft of different capabilities, to fly to new destinations increasing the connection of the world to the Kingdom, support tourism and contribute to the transportation of pilgrims and Umrah performers.”

“flynas is currently in discussion with aircraft manufacturers in drafting agreements,” he stressed.

Flynas will become the leading low-cost airline in the Middle East and North Africa (MENA) area once these agreements are finalized. It will be the region’s largest owner and operator of modern aircraft.

According to Almohanna, the board of flynas approved its worldwide expansion as part of the new strategic plan, as well as the exploration of the opening of additional bases in a number of countries that will serve as flynas bases outside of Saudi Arabia.

“flynas is classified as one of the top 10 low-cost airlines in the world, a position we have gained through operational efficiency and distinguished service we provide to our guests. We will work to share this experience and competence with new partnerships that we intend to establish in several locations,” he added.

Flynas’ fleet of more than 35 aircraft connects more than 70 local and foreign destinations, and it has transported more than 55 million passengers since its founding in 2007.

The World Travel Awards have named flynas the Leading Low-Cost Airline in the Middle East for the past seven years.

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