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New Saudi lessor AviLease delivers first aircraft to flynas

New Saudi lessor AviLease delivers first aircraft to flynas

by Richard Schuurman | Nov 14, 2022 | Airlines, Lessors | 0 comments

UPDATE – New Saudi Arabian aircraft lessor AviLease has delivered its first two aircraft to an airline customer. Saudi low-cost carrier flynas took delivery of its first two Airbus A320neo’s, with ten more to follow this year and in 2023. New Saudi lessor...
Wizz Air explores options for subsidiary in Saudi Arabia

Wizz Air explores options for subsidiary in Saudi Arabia

by Richard Schuurman | May 10, 2022 | Airlines | 0 comments

Wizz Air is exploring options to establish a new subsidiary airline in Saudi Arabia. The ultra-low-cost airline has signed a Memorandum of Understanding with the country’s Ministry of Investment to “explore market development opportunities” in de Kingdom of Saudi...
Saudia works on new widebody order for growth plans

Saudia works on new widebody order for growth plans

by Richard Schuurman | Nov 18, 2021 | Airlines | 0 comments

Saudi Arabian Airlines or Saudia is in negotiations with Airbus and Boeing about a new widebody order for an unspecified number of aircraft. The airline says it needs the aircraft for the expansion of its network, which it has plans to grow from ninety destinations...
Saudia secures financing for 73 aircraft

Saudia secures financing for 73 aircraft

by Richard Schuurman | Mar 18, 2021 | Airlines | 0 comments

In a deal that looks like one from the old days of multi-billion dollar orders when there were airshows, Saudi Arabian Airlines Corporation (Saudia) has signed a $ 3.0 billion financing agreement for the purchase of 73 new aircraft. The agreement, hailed as the...
Wizz Air forms new ultra-LCC in Abu Dhabi

Wizz Air forms new ultra-LCC in Abu Dhabi

by Richard Schuurman | Dec 12, 2019 | Wizz Air | 0 comments

Abu Dhabi is set te become a low-cost airlines battlefield in the Middle East as a new entrant announced it will join the market in 2020. Central and East European airline Wizz Air will form a joint venture with Abu Dhabi Development Holding (ADDH) to create a new...
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