Flynas signs sustainability agreement with Saudi Investment Recycling Company

Flynas signs sustainability agreement with Saudi Investment Recycling Company





(Image: Supplied by flynas)

Saudi low-cost airline flynas has signed a memorandum of understanding with the Saudi Investment Recycling Company (SIRC) to explore partnership opportunities in sustainable initiatives that will enhance efforts to create a circular economy.

According to the MoU between flynas and SIRC, both entities will explore partnership opportunities and best solutions for adopting technology and ideal recycling solutions to treat flynas waste including oils, plastics, batteries, etc.

Bander Almohanna, CEO and managing director of flynas, said, “We are pleased to enter into this promising partnership with the Saudi Investment Recycling Company as a pioneering company in this field, in line with flynas’ strategy to adopt initiatives with sustainable impact on environment, society, and economy. We trust its ability to transform waste into opportunities, and we are confident that this step will enhance flynas’ efforts to build a sustainable growth model that combines profitable economic returns and low impacts on the environment, in line with the national goals to neutralise greenhouse gas emissions by 2060.”

Ziyad Al-Shiha, CEO of the Saudi Investment Recycling Company, added, “This collaboration represents a significant step forward as we establish a robust partnership with the shared objective of advancing the recycling industry and advocating for the