FINANCIAL NEWS

Saudi Arabia’s Flynas to order 100 new aircraft

24 Jan 2016

(MENAFN) Saudi Arabia’s low-cost airline ‘Flynas’ is in talks with Airbus Group SE, Boeing Co will order for 100 new aircraft, after the carrier recorded an income in 2015.

Accordingly, in Bahrain it was considering purchasing or hiring 60 new planes in the coming five years with an option for 40 more aircrafts.

Moreover, Flynas is talking to Airbus, Boeing and Bombardier almost purchasing or leasing depending on which is the best deal for the Co.

Additionally, if the firm were to change from Airbus to Boeing or Bombardier this will be a big step but it’s not as dramatic as it sounds.

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