flynas celebrates ‘historic’ year of growth

flynas reports record results for its performance last year compared to 2022 with a “historic” increase in the number of passengers to more than 11.1mn, growing by more than 28 per cent.

The low-cost carrier took delivery of 19 new aircraft in 2023, upscaling its fleet size to 64 aircraft – an increase of more than 35 per cent.

flynas said this enabled it to move forward with implementing its strategic plan for growth and expansion under its ‘We Connect the World to the Kingdom’ slogan.

Last year, the airline launched 57 new destinations and routes to 10 countries during the year, inaugurated its fourth operations base at Prince Mohammed bin Abdulaziz International Airport in Madinah and increased seat capacity by 22 per cent for domestic and international flights.

Bander Almohanna, flynas CEO and managing director, said: “We are proud of flynas’ performance and results in 2023, which reflect the strength of our business model, the distinguished effort made by our team and the effectiveness of our strategic plan for growth and expansion.

“Our continued investments to increase the fleet size and destinations network have contributed to enhancing our leading regional and global position and to advance in the Skytrax classification, the most prestigious reference in the aviation industry, to be among the top four low-cost carriers in the world and the best in the Middle East.

“The company launched many new initiatives and products that contributed to providing flynas guests with a distinctive travel experience and options, the first of their kind in the Kingdom …

“Thanks to our distinguished relationships and the reliability of our work, we have succeeded in doubling the size of our fleet by more than 100 per cent in less than two years.”

Last year the airline also signed an agreement with Airbus to purchase 30 new A320neo aircraft as part of a 120-aircraft order with a value exceeding 32 billion riyals and a plan to increase the order to 250 aircraft.

Almohanna added that flynas is “determined to pursue its expansion to new markets” with announcements to be made during the first quarter of 2024, as the aviation industry in the Kingdom is “experiencing unprecedented development”.