Investor Relations
Investor Relations
flynas

Established in Saudi Arabia in 2010, flynas is a market-leading low-cost carrier in MENA for the short and medium haul market.

It aspires to connect the world to the Kingdom by innovatively providing its travelers with the best on offer in terms of fleet, services, and destinations. flynas operates an all-Airbus fleet of 61 aircraft from its four bases in Riyadh, Jeddah, Dammam and Madinah.

The Company connects 72 destinations (16 of which are domestic and 56 international) as of 9M 2024G. Additionally, flynas offers access to 128 destinations through codeshare and interline arrangements with international full-service carriers.

flynas in Numbers
Revenues
7.5 bn
Net Profit
434 m
EBITDA
2.2 bn

All figures are for FY 2024

Operational Highlights
Destinations
72
16 Domestic 9M 2024
56 International 9M 2024
Number of
Passengers
10.9M
in 9M 2024
+38% from 2023
Fleet Size
61
in 9M 2024
Aircraft on firm
Order Book
225
in 9M 2024
Number of flights
1,861
in 9M 2024
Performance
88%
on-time performance
in 9M 2024
Fleet Features CFM
87%
Leap powered engines
in 9M 2024
New agreements
30
Aircraft A330neo
130
Aircraft A320neo

All figures are for FY 2024

Destinations
72
16 Domestic 9M 2024
56 International 9M 2024
Number of
Passengers
10.9M
in 9M 2024
+38% from 2023
Fleet Size
61
in 9M 2024
Aircraft on firm
Order Book
225
in 9M 2024
Number of flights
1,861
in 9M 2024
Performance
88%
on-time performance
in 9M 2024
Fleet Features CFM
87%
Leap powered engines
in 9M 2024
New agreements
30
Aircraft A330neo
130
Aircraft A320neo

All figures are for FY 2024

CEO's Message

As the first and only airline to list on the Saudi Exchange, flynas offers investors a rare opportunity to gain exposure to a high-growth, strategically important sector within the Kingdom and the wider region.


We are proud to be a leading pan-regional low-cost carrier (LCC), uniquely positioned to benefit from the robust momentum behind Saudi Arabia’s aviation and tourism strategy. The continued surge in passenger traffic across the Kingdom, GCC, and broader MENA markets underpins a compelling growth outlook and we are well placed to capture it.

Bander AlMohanna
Chief Executive Officer & Managing Director
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CEO's Message
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Investment Highlights

Strong Secular Growth Prospects from Vision 2030 and Favorable Macroeconomic and Demographic Trends.

Largest and only listed LCC in a Strategic Market.

Focused Network with Leading Positions on Key Domestic and Regional Routes, with Unique Access to Religious Traffic to the Kingdom

Attractive Financial and Operating Model Efficient Capital Deployment and Differentiated Products.

Innovation and Sustainability are embedded in the Company's Business Model.

Management Team with Long Tenure at flynas and Extensive Industry Experience.

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