Company Insights Flynas Aviation Flynas Overview Flynas, founded as Nas Air in 2007, is Saudi Arabia’s first privately owned low-cost airline. Based in Riyadh, Flynas operates over 1,500 flights weekly, covering more than 70 domestic and international destinations across the Middle East, Europe, Asia and Africa. The airline is partly owned by Prince Alwaleed bin Talal’s Kingdom Holding Co, in which PIF purchased a 17 percent stake in 2023. In July 2022, PIF signed its first leasing agreement with Flynas, purchasing 12 new A320neo aircraft and then leasing them to Flynas. Flynas is increasing its fleet in an aim to become the Middle East’s largest low-cost airline currently. In June 2023 Flynas expanded its fleet order with Airbus to a total of 120 A320neo aircraft. Then in July 2024 it signed a memorandum of understanding to buy 75 A320neos and 15 A330s. Flynas has a codeshare agreement with Etihad that dates back to 2012. In May 2016 it signed a codeshare agreement with Turkish low-cost carrier Pegasus Airlines. Flynas News Sustainability Saudi Arabia’s carbon market to finance climate projects Saudi Arabia has launched a carbon trading market that will help provide financing for climate projects. The Regional Voluntary Carbon Market Company’s (RVCMC) voluntary carbon market exchange platform has more than 2.5 million tonnes of carbon credits for auction, it said in a statement. Buyers can obtain carbon credits from 17 climate projects from around […] November 12, 2024 Opinion Aviation Flynas saves the best for last at Farnborough Airshow This year the headline-grabbing deals arrived later than expected July 26, 2024 Aviation Flynas expands Airbus fleet to reach new markets Saudi low-cost carrier Flynas will expand its fleet with the order of 75 A320neo and 15 A330-900 jets, as the airline looks to expand its capacity and range into new markets. The new aircraft will join the carrier’s all-Airbus fleet and serve international, domestic and regional routes. It can accommodate up to 400 passengers. “The A320neo […] July 26, 2024 Opinion Aviation Middle East airlines are leaders of the pack Regional airlines have much to teach global competitors when it comes to liberalisation and sustainability June 24, 2024 Aviation India’s Akasa Air to start Jeddah and Riyadh flights Saudi Arabia has licensed Indian low-cost airline Akasa Air to begin flights this week as the Hajj pilgrimage begins, giving a further boost to the kingdom’s tourism plans. The flights into Jeddah include two from Ahmedabad and 12 from Mumbai per week starting from 8 June, and seven into Riyadh from Mumbai per week starting […] June 5, 2024 Aviation More low-cost airline routes planned for Saudi Arabia Plans to privatise domestic airports have been announced by Saudi Arabia as part of an aviation expansion strategy, which includes imminent licences for more low-cost airline routes, the kingdom’s civil aviation authority said this week. The General Authority of Civil Aviation has signed an agreement with a consortium led by the Turkish airport operator TAV […] May 21, 2024 Opinion Transport Art, beaches, culture: Jeddah commute makes sense to me Riyadh may be where the action is but serenity is found in Saudi Arabia's port city March 29, 2024 Aviation Middle East aviation fleet to double in next decade The number of aeroplanes operated by commercial airlines across the Middle East will grow by more than half to 2,200 over the next 10 years, according to a report from Oliver Wyman, the consultants. The size of the Middle East aviation fleet is projected to increase at an annual rate of 4.2 percent from 2024 […] March 5, 2024 Tourism Saudi Arabia starts issuing free stopover visa to Indians Saudi Arabia has started offering a 96-hour free visa to Indian citizens to help reach its newly set target of 150 million tourists by 2030. The stopover programme provides a four-day free visa to individuals traveling through Saudia or Flynas airlines. Additionally, travellers holding a US, UK or Schengen visa are eligible for an e-visa […] March 4, 2024 Opinion Aviation EgyptAir must make some tough choices The national carrier is being battered by the competition and needs a recovery strategy February 15, 2024 Posts navigation 1 2 3 Next
Sustainability Saudi Arabia’s carbon market to finance climate projects Saudi Arabia has launched a carbon trading market that will help provide financing for climate projects. The Regional Voluntary Carbon Market Company’s (RVCMC) voluntary carbon market exchange platform has more than 2.5 million tonnes of carbon credits for auction, it said in a statement. Buyers can obtain carbon credits from 17 climate projects from around […] November 12, 2024
Opinion Aviation Flynas saves the best for last at Farnborough Airshow This year the headline-grabbing deals arrived later than expected July 26, 2024
Aviation Flynas expands Airbus fleet to reach new markets Saudi low-cost carrier Flynas will expand its fleet with the order of 75 A320neo and 15 A330-900 jets, as the airline looks to expand its capacity and range into new markets. The new aircraft will join the carrier’s all-Airbus fleet and serve international, domestic and regional routes. It can accommodate up to 400 passengers. “The A320neo […] July 26, 2024
Opinion Aviation Middle East airlines are leaders of the pack Regional airlines have much to teach global competitors when it comes to liberalisation and sustainability June 24, 2024
Aviation India’s Akasa Air to start Jeddah and Riyadh flights Saudi Arabia has licensed Indian low-cost airline Akasa Air to begin flights this week as the Hajj pilgrimage begins, giving a further boost to the kingdom’s tourism plans. The flights into Jeddah include two from Ahmedabad and 12 from Mumbai per week starting from 8 June, and seven into Riyadh from Mumbai per week starting […] June 5, 2024
Aviation More low-cost airline routes planned for Saudi Arabia Plans to privatise domestic airports have been announced by Saudi Arabia as part of an aviation expansion strategy, which includes imminent licences for more low-cost airline routes, the kingdom’s civil aviation authority said this week. The General Authority of Civil Aviation has signed an agreement with a consortium led by the Turkish airport operator TAV […] May 21, 2024
Opinion Transport Art, beaches, culture: Jeddah commute makes sense to me Riyadh may be where the action is but serenity is found in Saudi Arabia's port city March 29, 2024
Aviation Middle East aviation fleet to double in next decade The number of aeroplanes operated by commercial airlines across the Middle East will grow by more than half to 2,200 over the next 10 years, according to a report from Oliver Wyman, the consultants. The size of the Middle East aviation fleet is projected to increase at an annual rate of 4.2 percent from 2024 […] March 5, 2024
Tourism Saudi Arabia starts issuing free stopover visa to Indians Saudi Arabia has started offering a 96-hour free visa to Indian citizens to help reach its newly set target of 150 million tourists by 2030. The stopover programme provides a four-day free visa to individuals traveling through Saudia or Flynas airlines. Additionally, travellers holding a US, UK or Schengen visa are eligible for an e-visa […] March 4, 2024
Opinion Aviation EgyptAir must make some tough choices The national carrier is being battered by the competition and needs a recovery strategy February 15, 2024