flynas has this week received it’s 50th Airbus A320neo aircraft in Riyadh, with still another 70 yet to be delivered.
The 120 A320neo aircraft deal was signed with the European planemaker for 32 billion riyalls, and is providing growth to the airline.
Without further ado, let’s get into it…
Airline Believes They Are One of the Top 4 LCCs in the World…
In a statement, this is what flynas had to say on receiving their 50th Airbus A320neo in Riyadh:
“Taking delivery of the 50th aircraft comes within an order to purchase 120 A320neo aircraft from Airbus with a value exceeding 32 billion riyals, which was at the time the second largest purchase of A320neo aircraft in the Middle East, as a strategic step for flynas that gives a clear indication of the extent of development and growth in different sectors in the Kingdom, notably the aviation sector.”
“This deal, in partnership with Airbus, has contributed to consolidating flynas position as a leading low-cost airline in the Middle East, and one of the top 4 LCC in the world.”
“In parallel with upscaling flynas fleet, taking delivery of the new aircraft contributed to generating hundreds of quality jobs in the aviation sector directly and indirectly, as flynas recently announced the opening of applications in several programs, including the Future Pilots Program, Future Engineers Program, and the Cabin Crew Program for Saudi men and women.”
“This A320neo aircraft is the third of its kind received by flynas since the beginning of 2024, and it is due to receive other batches of aircraft during the year”.
The Growth From Riyadh Has Been Noticeable…
The growth for Riyadh-based flynas has been very noticeable over the last 12-15 months.
For 2023, the carrier reported a historic increase in the number of passengers to more than 11.1 million passengers.
2023 witnessed a remarkable surge in flynas’ performance, showcasing a historic increase in the number of passengers, surpassing 11.1 million and registering an impressive 28% growth compared to the preceding year.
A pivotal factor contributing to flynas’ success was its strategic expansion plan.
In 2023 alone, the Riyadh-based airline welcomed 19 new aircraft into its fleet, marking a substantial 35% increase.
With a fleet size now reaching well over 60 aircraft, flynas has solidified its position as a key player in the aviation industry.
“We Connect the World to the Kingdom” is not merely a slogan.
It’s a mission that came to life as flynas introduced 57 new destinations across 10 countries in 2023.
This expansion wasn’t just about numbers:
It was a strategic move to increase connectivity and establish flynas as a global player.
Simultaneously, seat capacity saw a substantial boost of 22% for both domestic and international flights.
Overall…
In conclusion, it is clear that Riyadh-based flynas is growing at a phenomenal rate.
Looking ahead, all eyes will be on additional expansion plans that will no doubt get revealed in due time.
With Saudi Arabia pushing for hundreds of millions of passengers annually, it comes as no surprise that growth is ongoing like this.
All eyes will be on how this develops further in the years to come.
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