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Flynas Expands Fleet With A320neo And Wet-Leased B737-8

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Flynas, a Saudi Arabian low-cost carrier, has announced the expansion of its fleet with the addition of two narrowbody aircraft. The airline took delivery of one Airbus A320neo, bearing serial number 12658, powered by LEAP-1A26 engines, and added one Boeing 737-8, serial number 43014, through a wet lease from Batik Air Malaysia, equipped with LEAP-1B25 engines.

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flyadeal Takes Delivery Of Two A320s On Wet Lease From Cebu Pacific

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flyadeal, the Saudi low-cost carrier and subsidiary of Saudi Arabian Airlines (Saudia), has taken delivery of two Airbus A320 aircraft on wet lease from Cebu Pacific of the Philippines. The aircraft, identified by manufacturer serial numbers (MSNs) 5515 and 5179, are powered by CFM International CFM56-5B4/3 engines.

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Riyadh Air Orders 25 Airbus A350-1000 Aircraft

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Riyadh Air, the new Saudi Arabian carrier backed by the kingdom’s Public Investment Fund (PIF), has placed a firm order for 25 Airbus A350-1000 aircraft, marking a critical step in building its long-haul, full-service fleet. The agreement includes the option to increase the order to 50 aircraft, showcasing the airline’s ambitious growth trajectory.

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AviLease Orders A350F And A320neo Aircraft With Expansion Option

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AviLease, the Saudi Arabia-based aircraft leasing firm, has announced a major fleet acquisition plan with Airbus, placing firm orders for 10 A350F freighters and 30 A320neo Family aircraft. The agreement includes provisions to expand the order to as many as 22 A350Fs and 55 A320neos, reflecting the company’s long-term growth strategy.

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flyadeal CEO Criticizes Airbus Over Narrowbody Jet Delays

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flyadeal (Saudi Arabia) CEO Steven Greenway has strongly criticized Airbus for persistent delays in the delivery of narrowbody jets, warning that these disruptions could also impact the airline’s plans for newly ordered A330neos. This public rebuke underscores the growing frustration among airlines that rely on timely aircraft deliveries to execute their fleet renewal and expansion strategies.

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Cebu Pacific And flyadeal Sign Wet Lease MoU

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Cebu Pacific of the Philippines and flyadeal of Saudi Arabia have signed a Memorandum of Understanding (MoU)aimed at exploring strategic joint commercial initiatives between the two low-cost carriers. The agreement outlines the mutual intention to collaborate in optimizing aircraft utilization and expanding seasonal capacity through wet lease arrangements involving their Airbus A320 fleets.

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flynas Raises $1.1B in IPO Valued at $3.6B

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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.

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AviLease Places First Direct Order With Boeing

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AviLease, the Saudi Arabian aircraft leasing company, has announced its first direct order with Boeing, marking a significant milestone in its growth strategy. The deal includes a firm commitment for 20 Boeing B737-8 aircraft, along with options for an additional 10 units. This order signals AviLease’s long-term confidence in the demand for narrowbody jets and its ambition to…

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flynas Completes $1.1B IPO In Minutes

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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…