DALLAS — Airbus and Saudi Arabian LCC flynas (XY) have signed a Memorandum of Understanding (MoU) for 75 A320neo family aircraft and 15 A330-900 on the fourth day of the 2024 Farnborough Airshow.
The new aircraft will join the carrier's fleet, which serves international, local, and regional flights. The new A330-900 will have a two-class design that can accommodate up to 400 people.
The arrival of the A330-900 will help the all-Airbus carrier reach operational efficiency savings from merging the new wide-body aircraft with its A320neo fleet.
Airbus adds that the A330neo aircraft provides improved capacity and range at unrivaled seat costs, allowing XY to compete effectively in the increasing regional market, which is a significant emphasis for the airline.
Today's XY MoU also includes options for an additional 55 A320neo and 15 A330neo aircraft. Last week, XY took delivery of the 53rd new aircraft out of its order for 120 A320neo aircraft from Airbus.
Comments from flynas, Airbus Officials
"We are excited to further strengthen our long-standing partnership with Airbus," said Bander Almohanna, CEO and Managing Director of flynas.
"The A320neo Family provides exceptional operational performance and environmental benefits, allowing us to offer unique, low-cost travel experiences. Additionally, the A330neowill enhance our long-haul capabilities with its advanced technology and efficiency while supporting our growth plans and Saudi Arabia’s pilgrim program."
Airbus Chief Executive Officer, Commercial Aircraft, Christian Scherer said, "We are delighted to expand our partnership with flynas through this significant milestone for both A320neo and A330-900 aircraft. The A330neo will allow flynas to further grow into widebody markets by building on the A320, benefiting from Airbus’ unique commonality."
Schreder added, "Both aircraft types offer flynas the perfect versatility and economics to expand into new markets while offering their passengers the latest cabin experience and comfort. We look forward to continuing our successful collaboration with flynas as they embark on this exciting new chapter."
FIA2024 LIVE COVERAGE
The 2024 Farnborough Airshow takes place July 22-26, so check out Airways' coverage page of FIA2024 and stay tuned for exclusive reports from our team at the Farnborough International Exhibition & Conference Centre in the UK.
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Exploring Airline History Volume I
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December 2024
