Latest news with #flynas'
Tourism Breaking News
17 hours ago
- Business
- Tourism Breaking News
flynas leads Arab airlines in reducing carbon emissions
Post Views: 34 flynas ranked first among Arab airlines in reducing carbon dioxide emissions in 2024, according to the annual 'Cirium Flight Emissions Review', the trusted benchmark for flight emissions calculations for the global aviation sector. The report, issued by Cirium, the world's most trusted source of aviation analytics, ranked flynas 14th on the global list of the top 100 airlines in reducing emissions worldwide, highlighting the effectiveness of flynas' sustainability policies. flynas achieved the leading position in CO2 efficiency in the Arab world. The leading LCC joined the list of the top 15 performers globally, with its CO2 emissions reaching 61.5 grams per ASK (Available Seat kilometers) on its flights in 2024, representing a 1.6 percent decrease compared to 2023 levels, according to the report. The report indicated that flynas' total CO2 emissions amounted to 1.5 million tons in 2024, the lowest total among the top 15 companies on the global list. flynas achieved a reduction in emissions despite a 25.2% increase in flights during the year, the second-largest increase in the number of flights among the top 15 performers on the global list, according to the report. The common factors among the efficiency-leading airlines are investing in fleet renewal, maximizing seat density where market allows, and optimizing operations, according to the report. Last month, flynas took delivery of the 5th new A320neo aircraft since the beginning of the year, raising the share of this next-generation model to 58 planes in flynas' all-Airbus fleet, which currently consists of 64 aircraft. Last July, flynas signed an agreement with Airbus to purchase 160 new aircraft, including 30 A330neo wide-body aircraft and 130 single-aisle aircraft, bringing the volume of its aircraft orders to 280 aircraft within seven years, making it one of the largest aircraft purchase orders in the region, in order to keep pace with the aviation sector growth in the Kingdom with the support of the Saudi Vision 2030 programs. Boosting the A320neo aircraft share in flynas' fleet reinforces the leading LCC's commitment to sustainability and environmental protection, as the A320neo is considered the most advanced, environmentally friendly, and most fuel-efficient single-aisle aircraft worldwide. The Airbus A320neo combines cutting-edge technology, environmental efficiency, and a high level of comfort. It is equipped with next-generation engines and enhanced aerodynamics, which reduce fuel consumption by 20% and significantly decrease its carbon footprint. Additionally, the noise level of this aircraft is much lower compared to previous models. Passengers onboard the aircraft will benefit from the widest cabin of any single-aisle aircraft and the latest generation in-flight entertainment system. Sustainability occupies a pivotal position in flynas' strategic plan for growth and expansion, launched under the title 'We Connect the World to the Kingdom', in parallel with the objectives of the National Civil Aviation Strategy to enable national air carriers to contribute to connecting KSA with 250 International destinations and to accommodate 330 million passengers and to host 150 million tourists yearly by 2030 and the objectives of the Pilgrims Experience Program (PEP) to facilitate access to the Two Holy Mosques. flynas, the leading low-cost airline in the world and the best LCC in the Middle East, and the first airline listed on the Saudi Exchange (Tadawul) operates 139 routes to more than 70 domestic and international destinations in 30 countries with more than 2000 weekly flights and has flown more than 80 million passengers since its launch in 2007, with the aim to reach 165 domestic and international destinations within its growth and expansion plan, and in line with the objectives of Vision 2030.
Tourism Breaking News
25-06-2025
- Business
- Tourism Breaking News
flynas connects Baku and Trabzon to Medina with direct flights as of 4 July
Post Views: 142 flynas announced connecting Trabzon in Turkey, and Baku, the capital of Azerbaijan to Medina with weekly direct flights, within 2025 summer destinations. In collaboration with Taibah Airports Company, starting 4 July, flynas will be operating two weekly flights to the Turkish city of Trabzon, a popular destination for Saudi travelers seeking stunning natural scenery and a temperate climate. A weekly direct flight to the Azerbaijani capital, Baku, will also be launched starting 6 July, reflecting flynas' commitment to connecting Medina with multiple international destinations and offering diverse, direct travel options to key global tourist destinations. Currently, flynas operates 139 routes to over 70 domestic and international destinations across 30 countries, with more than 2,000 weekly flights. Since its launch in 2007, it has carried over 80 million passengers. The airline aims to reach 165 domestic and international destinations as part of its growth and expansion strategy aligned with Saudi Vision 2030.
Syyaha
17-06-2025
- Business
- Syyaha
Skytrax Crowns flynas as the Best Low-Cost Airline in the Middle East for the 8th Consecutive Year.. During the Paris International Air Show
Riyadh, June 17, 2025 – flynas, the leading low-cost airline in the world and the best LCC in the Middle East, has kept its global and regional leading ranking in low-cost aviation for 2025 after being named the leading low-cost airline in the Middle East for the eighth time in a row and among the top 10 low-cost airlines in the world, according to the prestigious International Skytrax Organization—widely regarded as the benchmark for excellence in the global aviation was crowned with the global ranking during the annual Skytrax Awards ceremony, held on the sidelines of the Paris International Air Show and attended by leaders and experts in the aviation industry in the achievement highlights flynas' continued leadership in the low-cost aviation sector across the Middle East and worldwide. It contributes to consolidating Saudi Arabia's position as a global hub for the travel and tourism industries. Moreover, it reflects the airline's ongoing commitment to excellence while balancing growth and profitability, as outlined in flynas' growth and expansion plan and in alignment with the goals of Saudi Vision 2030 and the National Civil Aviation on the global recognition, Bander Almohanna, CEO of flynas, said: 'We take great pride in being ranked the top low-cost airline in the Middle East for the eighth consecutive year and among the top 10 low-cost airlines worldwide. This achievement reflects the Kingdom's leadership in the aviation industry and our dedication to delivering a high-quality travel experience to our valued guests.''This recognition is the result of our team's hard work and dedication and the great support we receive from our wise leadership. It strengthens our ambition to continue expanding according to our growth and expansion plan launched under the slogan 'We Connect the World to the Kingdom,' Almohanna Skytrax World Airline Awards are determined every year through an extensive customer satisfaction survey involving millions of travelers from around the globe. This comprehensive methodology ensures the awards are among the most trusted and influential honors in the aviation industry. flynas operates 139 routes to more than 70 domestic and international destinations in 30 countries with more than 2000 weekly flights and has flown more than 80 million passengers since its launch in 2007, with the aim to reach 165 domestic and international destinations within its growth and expansion plan, and in line with the objectives of Vision 2030.
Arabian Post
06-05-2025
- Business
- Arabian Post
flynas Announces Plans for Groundbreaking IPO in Saudi Arabia
Saudi Arabian budget airline flynas, under the backing of billionaire Prince Alwaleed Bin Talal, is preparing to launch an initial public offering later this month. This move marks the first IPO by a Gulf airline in nearly two decades, a significant milestone for both the airline and the broader Middle Eastern aviation industry. The airline, which has become a key player in the region's air travel market, plans to offer 51.3 million shares, equivalent to 30% of its total shareholding, to potential investors. The public offering, according to the company's announcement, will involve newly-issued shares, making up 10.2% of the stake available for purchase. The IPO is expected to draw attention not just within Saudi Arabia, but across the wider Gulf Cooperation Council and MENA regions, with investors eager to tap into the region's rapidly growing aviation and tourism sectors. As part of the offering, flynas aims to raise substantial capital, which will be instrumental in expanding its fleet and enhancing services, crucial to its long-term growth objectives. According to the airline's chief executive, Bander Almohanna, the company is poised to capitalize on the robust demand generated by Saudi Arabia's ambitious aviation and tourism initiatives. These initiatives, aligned with the kingdom's broader Vision 2030 economic diversification plan, are designed to reduce the nation's dependency on oil revenue by bolstering industries like tourism and air travel. The potential success of flynas' IPO is seen as a key indicator of investor confidence in the region, despite uncertainties caused by global factors such as trade tariffs imposed by Washington. The airline is optimistic that its position within the rapidly expanding GCC and MENA markets will mitigate such external challenges. Flynas' IPO announcement is part of a broader wave of listings by companies in Saudi Arabia, as the nation continues to foster a business-friendly environment under the leadership of Crown Prince Mohammed bin Salman. The IPO is part of the kingdom's plans to diversify its economy, attract international investment, and develop its non-oil sectors, which have gained significant momentum since the launch of Vision 2030. As part of this initiative, the Saudi government has also been encouraging state-owned companies to consider public listings to generate additional capital for development projects. Flynas, established in 2007, has grown rapidly to become one of the leading low-cost carriers in the region. The airline operates both domestic and international flights, connecting major cities across the Middle East, Asia, and North Africa. The company has benefited from Saudi Arabia's growing interest in tourism and business travel, and its positioning as an affordable travel option for customers across the region has contributed significantly to its success. The decision to go public comes amid ongoing optimism surrounding the aviation industry's post-pandemic recovery. While the airline industry faced unprecedented challenges during the global health crisis, there has been a marked rebound in passenger traffic, particularly within the GCC and MENA regions. flynas, benefiting from its budget-friendly model, has positioned itself to cater to the rising demand for air travel as regional economies recover and expand. Saudi Arabia's plans to become a global tourism hub by 2030, alongside investments in the development of new airports and travel infrastructure, have further buoyed prospects for airlines operating in the kingdom. Flynas stands to gain significantly from these developments, as it looks to capture a larger share of the burgeoning market for both leisure and business travel. The aviation market in the GCC region has seen exponential growth in recent years, driven by both tourism and business demand. Saudi Arabia, in particular, has focused its efforts on making air travel more accessible to the masses as part of its economic diversification strategy. The state's desire to increase tourism revenue to $20 billion by 2030 has created a favorable environment for the aviation sector, with investments in airports, travel hubs, and new airlines. Flynas has positioned itself strategically to benefit from this growth, capitalizing on the Saudi government's focus on air travel infrastructure. The IPO represents a significant step towards increasing its market share, further solidifying its place as a key player in the region's aviation industry. The potential for growth is also reflected in flynas' expansion plans. The airline has been aggressively increasing its fleet and network to cater to the expanding demand for affordable air travel. Flynas' fleet expansion plans include introducing new aircraft to meet the needs of an expanding customer base. The company's ability to offer low-cost options while maintaining quality service has positioned it well to compete with both regional carriers and larger international airlines. As flynas moves forward with its IPO, the airline will be keen to attract investors who share its vision of tapping into the expanding aviation and tourism markets in the GCC and MENA regions. The successful completion of the offering is expected to fuel further expansion plans, potentially enhancing its position as a regional leader in the low-cost airline segment.
Arabian Post
30-04-2025
- Business
- Arabian Post
flynas Partners with Safran to Upgrade A320neo Fleet with Z200 Seats
flynas has entered into an agreement with Safran to outfit its upcoming fleet of 60 Airbus A320neo aircraft with the latest-generation Z200 seats. The memorandum of understanding was formalised during the Arabian Travel Market in Dubai, with deliveries scheduled to commence in the latter half of 2025. Each aircraft will feature a 174-seat configuration, comprising both Economy and Premium class sections. The Premium section, spanning four rows at the front of the cabin, will offer enhanced passenger comfort with wider seat pitch, adjustable headrests, and a middle seat blocker to provide additional personal space. The Economy class will be equipped with seats designed for medium- to long-haul flights, incorporating features such as smart cushions, portable electronic device holders, dual USB-A and USB-C power ports with 60W output, lower literature pockets, coat hooks, and cup holders. Bander Almohanna, CEO of flynas, highlighted that this collaboration aligns with the airline's expansion strategy, which aims to connect Saudi Arabia with 250 international destinations, accommodate 330 million passengers, and host 100 million tourists annually by 2030. He stated that the partnership with Safran is instrumental in reimagining flynas' future cabins with smart design and advanced technologies, offering passengers a unique and comfortable travel experience. Quentin Munier, Executive Vice President of Safran Seats France, expressed enthusiasm about the collaboration, noting that this marks Safran's first partnership with flynas. He emphasized that the Z200 seats are designed to deliver benefits for both passengers and operators, enhancing comfort and operational efficiency.
