flynas, the Saudi Arabian low-cost carrier, has officially priced its initial public offering (IPO) at $21.30 per share, successfully raising $1.1 billion. The offering saw overwhelming demand from institutional investors, achieving a remarkable 100-times oversubscription, and valuing the airline at approximately $3.6 billion.
flynas, the Saudi Arabian low-cost airline, has achieved a remarkable milestone by completing its initial public offering (IPO) of US$1.1 billion on the Riyadh stock exchange. The offering was met with extraordinary demand, as all shares were sold within minutes of opening. The IPO represents approximately 30% of the company’s share capital, indicating a strong appetite among investors for exposure to Saudi…
flynas, the Saudi Arabian low-cost carrier, has expanded its modern narrowbody fleet with the delivery of one Airbus A320neo, identified by serial number 12614 and powered by LEAP-1A26 engines. This latest addition reinforces flynas’ ongoing commitment to operate a young and fuel-efficient fleet optimized for regional and international connectivity.
flynas, the Saudi Arabian low-cost carrier, has added another Airbus A320neo to its growing fleet as part of its ongoing expansion plan. The newly delivered aircraft, bearing serial number 12506, is powered by LEAP-1A26 engines, offering improved fuel efficiency and performance for regional and medium-haul operations.
flynas (Saudi Arabia) is significantly expanding its summer 2025 network with the addition of six new destinations, including Milan (Italy), Geneva (Switzerland), Krakow (Poland), Rize (Turkey), Casablanca (Morocco), and a new direct route between Jeddah and El Alamein (Egypt). These additions will bring the airline’s summer route network to over 20 cities, further reinforcing its role as a key player in regional and international low-cost travel.
flynas, a leading low-cost airline based in Saudi Arabia, is gearing up for a significant financial move by planning to float on Riyadh’s stock exchange. The airline has announced its intention to offer a 30% stake in its initial public offering (IPO).
Aircastle, a leading aircraft leasing company, has expanded its portfolio with the acquisition of an A320neo from ORIX Aviation (Ireland). The aircraft is currently operated by flynas, one of Saudi Arabia’s largest low-cost carriers.
flynas (Saudi Arabia) has expanded its fleet with the delivery of an Airbus A320neo, serial 12454. The aircraft is powered by LEAP-1A26 engines, supporting the airline’s growth and fuel-efficient operations.
flynas, a prominent low-cost airline based in Saudi Arabia, has announced the successful closure of a Murabaha financing agreement with Bank Aljazira, valued at $132 million. This financing arrangement is designated for the acquisition of three Airbus A320neo aircraft, aligning with flynas’s ongoing efforts to expand and modernize its fleet.
flynas, Saudi Arabia’s leading low-cost carrier, has taken delivery of a new Airbus A320neo, serial 12414. The aircraft is powered by LEAP-1A26 engines, offering improved fuel efficiency and reduced emissions.
