Flynas board approves increasing new orders up to 250 aircraft

Flynas board approves increasing new orders up to 250 aircraft

RIYADH — The Board of Directors of flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, ratified the company's strategic plan and approved raising the volume of its orders to 250 aircraft. After reviewing the financial results for the year 2021, the Board praised the company's remarkable success in quickly recovering from the repercussions of the Covid-19 pandemic and the efficiency of the executive management in managing the crisis restoring the pre-pandemic operating levels in record time. Bander Almohanna, the CEO & MD of flynas, valued the Board of Directors' tremendous support, appreciating its confidence and ambitious 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," Almohanna said. "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