Flynas of Saudi Arabia in Discussion with Airbus Over Prospective Aircraft Purchase
In a bid to expand its fleet, Saudi Arabia’s Flynas airline is in talks with Airbus to potentially purchase new aircraft. The airline is said to be considering both the single-aisle A320neo and the wide-body A350 models, though no official decision has been made yet.
The Potential Aircraft Purchase
Flynas is looking to potentially add to its current fleet of 30 aircraft, which consists largely of A320s, by purchasing new aircraft from Airbus. Speaking on the potential purchase, Flynas CEO Bander Almohanna stated, “We have been evaluating the expansion of our fleet for a long time and we are pleased to begin the process of discussing an aircraft order with Airbus.” This move would allow Flynas to expand its reach and continue to grow as an airline company.
The Benefits of the A320neo and A350 Models
The two aircraft models being considered by Flynas are both popular choices in the aviation industry, each offering their own distinct benefits. The A320neo is known for its fuel efficiency and excellent short- and medium-range capabilities, making it an ideal choice for Flynas’ domestic and regional routes. The A350, on the other hand, boasts long-range capabilities and a larger passenger capacity, making it a viable option for the airline’s international flights.
The Impact of the COVID-19 Pandemic
While the aviation industry has been hard-hit by the COVID-19 pandemic, there may still be some opportunities for growth for companies such as Flynas. With many airlines cutting back on their fleets, now could be a prime opportunity for Flynas to add new aircraft to its own fleet at a potentially lower cost. Combining this with an overall uptick in travel as restrictions begin to lift, it’s possible that Flynas could see significant growth in the years to come.
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Summary: Saudi Arabia’s Flynas airline is in talks with Airbus to potentially purchase new aircraft to expand its fleet. The airline is considering both the A320neo and A350 models, though no decision has been made yet. The potential aircraft purchase could allow Flynas to continue to grow and expand its reach, despite the impact of the COVID-19 pandemic on the aviation industry. #BUSINESS