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flynas Secures $132 Million Murabaha Financing for Airbus A320neo Acquisition

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.​

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flynas to Launch Nonstop Riyadh–Entebbe Service in January 2025

flynas, a Saudi Arabian low-cost airline, has announced the launch of a new nonstop service connecting Riyadh to Entebbe, Uganda. Scheduled to commence on 12 January 2025, the route will be operated with the fuel-efficient Airbus A320neo. This new service marks an important step for flynas as it expands its international footprint in East Africa,…