In a surprise development on the fourth day of the Farnborough International Airshow 2024, Airbus has announced that Saudi Arabian low-cost airline flynas has signed an agreement for 90 neo-type aircraft.
Airbus and flynas confirmed on July 25, 2024, that a Memorandum of Understanding (MoU) had been signed off during Farnborough Airshow for 75 A320neo family aircraft and 15 A330-900s.
It is understood that flynas also has options for an additional 55 A320neos and 15 A330s, bringing the pottential acquisition to 160 jets.
The new A330neos will allow flynas to operate services to long-haul destinations while the A320neo continues the airlines commitment to the aircraft type.
The first of 120 Airbus A320neos was delivered to flynas on November 13, 2018, as part of the Saudia Arabian National Civil Aviation Strategy, to connect the country with 250 international destinations and host 100 million tourists each year by 2030.
Airbus confirmed that the new A330neos will include a two-class configuration, accommodating up to 400 passengers.
“We are excited to further strengthen our long-standing partnership with Airbus,” said Bander Almohanna, CEO and Managing Director of flynas. “The A320neo Family provides exceptional operational performance and environmental benefits, allowing us to offer unique, low-cost travel experiences. Additionally, the A330neowill enhance our long-haul capabilities with its advanced technology and efficiency while supporting our growth plans and Saudi Arabia’s pilgrim program.”
According to Airbus, Flynas “anticipates significant operational efficiency gains by combining the new widebody aircraft with its existing A320neo fleet”.
“We are delighted to expand our partnership with flynas through this significant milestone for both A320neo and A330-900 aircraft. The A330neo will allow flynas to further grow into widebody markets by building on the A320, benefiting from Airbus’ unique commonality,” Airbus CEO of Commercial Aircraft, Christian Scherer, said.
He added: “Both aircraft types offer flynas the perfect versatility and economics to expand into new markets while offering their passengers the latest cabin experience and comfort. We look forward to continuing our successful collaboration with flynas as they embark on this exciting new chapter.”
According to flynas, it currently flies an all-Airbus fleet of 64 aircraft and operates 1,500 flights a week to more than 70 destinations around the world.
