Saudi Arabian budget carrier flynas, which made its first profit this year, is in talks with plane manufacturers Airbus and Boeing as it seeks to purchase four new aircraft over the next four years, its Chief Executive told reporters.
“Profitability has given us confidence. We're talking to Airbus and Boeing to see their best offer,” Paul Byrne said on the sidelines of an aviation event in Dubai.
Flynas turned profitable earlier this year and has seen nine consecutive months of profit since, Byrne said. The airline currently has about 26 aircraft in its fleet with the average age of eight and half years, he said.
The growth in fleet will come at one aircraft per year for the “foreseeable” future and may see the airline switch from Airbus to an all-Boeing fleet, Byrne said.
flynas is a leading low-cost carrier from Saudi Arabia with a young fleet of 24 aircraft, operating nearly 950 weekly flights on 25 destinations within and outside of Saudi Arabia. Launched in 2007, flynas has successfully operated over 170,000 flights carrying more than 18 million passengers, a number that has steadily grown over the years.
flynas unveiled a new modern identity in 2013 and made significant investments in enhancing its aircraft fleet and introducing a dedicated Business Class Cabin. To date in 2014, flynas has carried 6.5 million passengers; making 2014 the best year in flynas’ history. This represents a significant increase on the 3.3 million passengers flynas carried in 2013.