Saudi airline flynas records 91% growth in passengers to 8.7m in 2022  

In 2022, the number of flights operated by flynas increased by 45 percent to 66,000. (Shutterstock)
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Updated 03 January 2023
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Saudi airline flynas records 91% growth in passengers to 8.7m in 2022  

RIYADH: Saudi airline flynas witnessed an annual passenger rise of 91 percent in 2022 to 8.7 million, as the low-cost carrier benefitted from the tourism sector's post-pandemic resurgence.

In 2022, the number of flights operated by flynas increased by 45 percent to 66,000, while the seating capacity rose by 46 percent, according to a Saudi Press Agency report. 

The report further noted that flynas launched 16 new destinations and 30 new routes, along with upscaling the total fleet number to 43 in 2022. 

“The growth rates recorded by flynas during 2022 in performance, operations, and localization programs reflect the company’s commitment to continuing expansion under the slogan ‘We Connect the World to the Kingdom’ and to consolidating its leading position as the best low-cost airline in the Middle East and one of the top 10 airlines in the world of its category,” said flynas CEO and Managing Director Bander Almohanna. 

He added: “The annual results confirm the progress in the company’s strategic plan with the receiving of 8 new Airbus A320neo and joining 2 Airbus A330 aircraft, which will contribute to serving pilgrims and Umrah performers as well as expanding to new markets.” 

Almohanna further noted that flynas’ board of directors has approved the booking orders of 250 aircraft, a move that could catalyze the materialization of Saudi Arabia’s aviation strategy which aims to reach 330 million passengers, 250 international destinations, and 100 million tourists annually by 2030. 

He added that flynas is trying to include more Saudi nationals in its workforce, along with empowering women in the aviation sector. 

The CEO also added that flynas launched the Future Engineers Program in 2022 aimed at localizing the aircraft engineering and maintenance jobs and employing 150 Saudi engineers over the coming years. 

Earlier in February, during an exclusive interview with Arab News, Almohanna said that the Kingdom’s civil aviation strategy is playing an important role in supporting and strengthening the position of Saudi national air carriers at the international level. 

He also added that air carriers in Saudi Arabia should not crowd each other on the same destinations but rather search for new destinations to connect them with Saudi Arabia to accelerate achieving the goal of 250 destinations. 


SAL agrees $30m Aviapartner Liege acquisition to expand into Europe 

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SAL agrees $30m Aviapartner Liege acquisition to expand into Europe 

RIYADH: SAL Saudi Logistics Services Co. has agreed to acquire Belgium-based Aviapartner Liege SA for €28 million ($30.3 million), giving the Saudi logistics firm a foothold at one of Europe’s major air cargo hubs. 

Under a sale and purchase agreement signed with Aviapartner Belgium NV and Aviapartner Holding NV, SAL will acquire 100 percent of the company’s share capital on a cash-free, debt-free basis, according to a filing on Saudi Exchange. 

The acquisition gives SAL a full operational presence at Liege Airport in Belgium, a key European cargo hub, and is expected to support the company’s long-term growth strategy. 

SAL, which provides cargo handling and logistics services across Saudi airports, has been expanding its service portfolio as the Kingdom invests heavily in aviation and supply-chain infrastructure under Vision 2030. 

In the Tadawul filing, the company stated: “This acquisition supports SAL’s international expansion strategy by establishing an operational footprint at a key European cargo hub, expanding its cargo ground handling and logistics service offerings at international airports, geographically diversifying its revenue streams, and leveraging operational synergies through access to established infrastructure, airline relationships, and a mature operating environment.” 

The deal is strategically significant because Liege Airport has emerged as one of Europe’s most important air cargo hubs and a rapidly expanding gateway for global freight flows. 

The Belgian airport is the fifth-largest cargo airport in Europe and has recorded strong growth in recent years, handling more than 1.3 million tonnes of cargo in 2025 as volumes rose about 14 percent year on year. 

The transaction will be financed through the company’s available cash resources and remains subject to customary closing conditions and regulatory approvals. 

Aviapartner Liege, based in Liege, Belgium, primarily provides ground handling and cargo services. 

Financial disclosures show Aviapartner Liege generated revenues of €24.7 million in 2023, rising to €28.6 million in 2024 before declining to €24.3 million in 2025. 

SAL said it expects the transaction to have a positive long-term impact on its financial performance following completion and consolidation of the acquired company’s financial results.  

The company added that no related parties were involved in the transaction, which was signed on March 4.