The license was awarded to NAS by the General Authority for Civil Aviation (GACA) and marks a significant deregulation of the kingdom's national aviation sector.
NAS will serve the kingdom's booming domestic aviation market with a newly launched low-cost carrier (LCC), with five aircraft forming its initial fleet. The fleet size is expected to reach 18 aircraft by 2010. The new LCC will cover 22 Saudi destinations during its first year of operations, expanding to 37 domestic routes by the end of 2008.
The Chief Executive Officer of NAS, Taher Agueel, said: "We are honored to have been awarded this license by the General Authority for Civil Aviation, which managed the application process with great efficiency, genuine transparency and the highest level of professionalism. This announcement heralds the beginning of a new era in the Saudi Arabian aviation sector."
He continued: "NAS is committed to providing world-class services to our customers across the kingdom, and we believe that the LLC model is the right match for the young and vibrant Saudi Arabia of today. We will deliver greater choice, superior value and increased convenience for passengers traveling within the kingdom. Today is indeed a landmark date for both the company and the people of Saudi Arabia."
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National Air Services awarded first private license to operate domestic flights from Riyadh
- Saudi Arabia: Saturday, December 09 - 2006 at 09:55
- PRESS RELEASE
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National Air Services (NAS), a private Riyadh-based aviation company, announced that it has been awarded the first government license to operate domestic flights from the Saudi capital, Riyadh.
Taher Agueel, Chief Executive Officer of National Air Services "NAS"
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Posted by Lara Lynn Golden, News EditorSaturday, December 09 - 2006 at 09:55 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Mon Dec 11 2006.
Notes and Media Contacts »
About NAS: Since its establishment in 1999 by a group of Saudi Arabian investors, National Air Services (NAS) has become a leading provider of aviation services in the Middle East. Based in Riyadh, NAS provides its vast customer base in the region with complete and innovative aviation services. Currently, NAS has a workforce of 700 employees drawn from 37 nationalities, with Saudis comprising 45 percent of the workforce.
NAS products and services offered include NetJets Middle East, which provides fractional aircraft ownership and leasing; Al Khayala Airlines, which targets business and first-class travelers; Aircraft Management Services, Aircraft Charter Services and other unique aviation solutions. NAS will launch a domestic low-cost carrier in Saudi Arabia in 2007. NAS has the fastest growing private aviation fleet in the Middle East, currently comprising more than 33 aircraft under management from global manufacturers such as Airbus, Boeing, Gulfstream, Dassault and Raytheon.
For further information, please contact:
Alawi Al-Jifri
Marketing Manager
National Air Services (NAS) - Saudi Arabia
Tel: +966-2-6600686 ext. 444
Fax: +966-2-6600824
NAS products and services offered include NetJets Middle East, which provides fractional aircraft ownership and leasing; Al Khayala Airlines, which targets business and first-class travelers; Aircraft Management Services, Aircraft Charter Services and other unique aviation solutions. NAS will launch a domestic low-cost carrier in Saudi Arabia in 2007. NAS has the fastest growing private aviation fleet in the Middle East, currently comprising more than 33 aircraft under management from global manufacturers such as Airbus, Boeing, Gulfstream, Dassault and Raytheon.
For further information, please contact:
Alawi Al-Jifri
Marketing Manager
National Air Services (NAS) - Saudi Arabia
Tel: +966-2-6600686 ext. 444
Fax: +966-2-6600824
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