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Flynas News

Aircraft, Airliner, Airplane

Saudi Arabia’s wealth fund in talks to buy stake in Flynas 

Saudi Arabia’s Public Investment Fund (PIF) is in talks to buy a stake in Flynas, a Riyadh-headquartered low-cost carrier, Bloomberg reported, citing informed sources. Goldman Sachs Group is advising shareholders on the potential sale to the sovereign fund.  The airline is partly owned by Prince Alwaleed bin Talal’s Kingdom Holding Co., in which PIF purchased […]

Saudia Saudi Arabian Airlines

Saudia plans to add 56 new weekly flights

State-owned Saudi Arabian Airlines (Saudia) plans to add 56 weekly flights to 14 global destinations by the summer as it continues to ramp up operations. Under the expansion, the national flag carrier of the kingdom will serve cities across Thailand, China, South Korea, Indonesia, Singapore and Europe in the latest addition to its scheduling. It […]

Aircraft, Airplane, Transportation

Saudi reports 20% rise in aviation-related firms

Saudi Arabia reported a 20 percent increase in the number of companies involved in its aviation industry last year. Figures in the Air Transport Statistics Publication (ATSP) from the kingdom’s General Authority for Statistics show that there were 1,443 businesses operating across the sector. These included companies covering air transport of goods and passengers, cargo […]

Hotel group Marriott has presented a vision for its properties on luxury island Sindalah

Saudi tourism appeal growing ‘at the speed of light’

Saudi Arabia’s tourism sector is growing “at the speed of light”, a senior official said as the Gulf kingdom made its debut at the Berlin travel show. According to Fahd Hamidaddin, CEO of Saudi Tourism Authority, the country recorded a total of 93.5 million domestic and international visits last year as it transforms “at a […]

The stopover visa helps tourists visit destinations such as Al-Turaif district in Diriyah, one of Saudi’s six UNESCO World Heritage Sites

Saudi Arabia launches stopover visa as airlines ramp up capacity

Saudi Arabia has announced the launch of a new stopover visa for tourists as airlines are expected to significantly increase capacity on routes to the kingdom. The free-of-charge visa is open to a wider number of countries than the tourism e-visa and is Saudi Arabia’s latest move to make the destination more accessible. The launch […]