Saudi Arabia-based Flynas said its board of directors has approved the creation of local operations in two more countries as part of its plan to become the largest low-cost airline in the Middle East and the top five airlines in the world.
According to a company statement published by Bloomberg and published by Al Arabiya.net, the company will seek to obtain so-called air operator certificates in two unspecified countries at a time when it is set to double its operations. “.
It comes at a time when Saudi Arabia is expanding into the aviation industry as part of the kingdom’s efforts to make the economy less dependent on oil and become one of the top travel destinations in the world by 2030.
The plans include the construction of a new airport in Riyadh and a new airline, which will be owned by the State Investment Fund.
As part of this effort, flynas plans to increase its current aircraft order to 250 aircraft. The company previously announced that it was considering wide-body models such as the Boeing 787 and Airbus A350, which outperform its current fleet of Airbus narrow-body aircraft.
It is noteworthy that Flynas, which began its activities under the name Nas Aviation in 2007, is partly owned by the holding company Kingdom.
