Flynas, the Saudi company specializing in low-cost flights plans to place an order for more than two hundred planes with the two managers of aeronautical construction Boeing and Airbus, the total cost of which is estimated at fifteen billion dollars.
At the head of a fleet of 14 Airbus A320s and 22 of the more than 80 A320neos expected (it has also acquired ten A321XLRs), the Saudi specialist in low-cost flights, based at Riyadh-King Khalid airport, is thinking big: its board of directors approved on March 28, 2022 a strategy aimed at making Flynas the first low cost in the region, ahead of Air Arabia and other Flydubai. And allow the country to reach its target of 100 million annual tourists by 2030, five times more than in 2019 before the Covid-19 pandemic. For this, Flynas has opened discussions with both Airbus and Boeing, in order to increase the volume of its orders to 250 aircraft.
According to Bander Almohanna, CEO of Flynas is currently in discussion with aircraft manufacturers to draft agreements. The Board’s decision to increase new aircraft orders to 250 supports its efforts to deliver on the civil aviation strategy, and expresses the Board’s belief in the growth opportunities and positive outlook for domestic and international.
