The Board of Directors of flynas, a Saudi-based air carrier and leading low-cost airline in the Middle East, has approved the company’s strategic plan and decided to increase the number of orders to 250 aircraft.
The Board Meeting reviewed the financial results of flynas for 2021. The Directors commended the company for its remarkable success in recovering from the effects of the pandemic, and also praised the efficiency of the executive management in dealing with the crisis and restoring it to its pre-pandemic levels.
Mr. Bander Almohanna, the CEO and MD of flynas, appreciated the great support of the Board of Directors and its confidence and 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.”
flynas CEO further added that “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.”
flynas will contribute to the transportation of pilgrims and Umrah performers, and fly to new destinations to enhance world relations with the country and support tourism. The aircraft company will explore more diverse aircraft to expand the existing fleet.
“flynas is currently in discussion with aircraft manufacturers in drafting agreements,” Mr. Almohanna added.
With the new deals, flynas will become the largest low-cost airline in the Middle East and North Africa (MENA) region. The carrier is currently the largest owner and operator of modern aircraft in the region.
The flynas Board has approved its international expansion within the new strategic plan, exploring the opening of new flynas bases in several countries, besides 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,” flynas CEO added.
Since its inception in 2007, flynas has carried more than 55 million passengers, with more than 35 aircraft and more than 70 domestic and international destinations.
Recently, the non-profit organization APEX Official Airline Rating has ranked flynas with the highest rating, 4-star in the low-cost carrier category, making it the highest-performing airline in the world, among 600 companies globally.
It has been ranked as the leading Low-Cost Airline in the Middle East for seven consecutive years by the World Travel Awards and has received the Skytrax International Award for Best Low-Cost Airline in the Middle East in 2017, 2018 and 2019, and 2021, as well as the Best Airline Staff Service in the Middle East in 2019.
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