flynas (XY, Riyadh) signed an agreement with the privately-owned Tibah Airports Operation Company to open a base at Madinah.
"Our investment in the new operations centre at Prince Mohammad Bin Abdulaziz International Airport in Madinah, which is our fourth base in the Kingdom, comes within the framework of enhancing our operational capabilities and diversifying our international and domestic destinations and routes. The step is in accordance with our strategy for growth and expansion, and it confirms our confidence in the potential of the Saudi market and the ambitious national goals for the air transport sector," Chief Executive Bander Almohanna said.
The low-cost carrier did not disclose specific network plans but said the base should open in the fourth quarter of 2023, launching with a mix of domestic and international routes aimed primarily at religious traffic to Madinah.
The ch-aviation capacities module shows that flynas currently operates 37 weekly scheduled departures out of Madinah, connecting the city with its existing bases at Jeddah International, Riyadh, and Dammam, as well as Cairo International. The LCC has a 6.9% market share at the airport by weekly seating capacity.
flynas currently operates nine A320-200s (with a further four wet-leased from Avion Express Malta), thirty-four A320-200Ns, and four A330-300s. It also wet-leases seven B737-900ERs from Lion Air and has an outstanding order for seventy A320-200Ns and ten A321-200NY(XLR)s, according to the ch-aviation fleets module.
