flynas announces a 32% growth in revenues during 2023, reaching 6.3 billion riyals

flynas announced a growth in its revenues by 32% during the year 2023 to reach 6.3 billion riyals, confirming that it has achieved annual profits since 2015, with the exception of the 2020 Corona period.

Bandar Al-Muhanna, CEO of the company, revealed in a statement on the sidelines of the “Airline Economics” conference held in Riyadh, that his company had submitted a request to obtain offers for 30 wide-body aircraft, indicating that it is expected that the selection and signing of the deal will take place during the current year.

He explained that the company launched a transformation program during the pandemic period with the aim of rebuilding its strategy and business model, indicating that it had a positive impact on improving the efficiency of operation and spending, as it was able to save 375 million riyals during that period.