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"The Middle East travel market is expanding at a rapid pace and Saudi Arabia continues to be a key player within it. The Saudi business sector has made tangible strides to liberalisation. This is has been marked by the many successful IPO's taking place in Saudi Arabia and the growing privatisation movement of different businesses including airline industry. The Saudi government is allowing a greater role for private sector to contribute to the overall development plan. Being the first privately owned aviation company that has been licensed in Saudi market, NAS has been set to help develop the Saudi and regional aviation industry infrastructure."
said Mr. Ayed Al Jeaid, Chairman Board of Directors of NAS.
"Targeting different customer groups NAS has been established to be a customer centric company providing specialised products and solutions that are designed to meet the market needs and to deliver profitable return on shareholders' equity." added the Mr. Al Jeaid
Since inception in 1999, NAS has witnessed significant growth in its operations across the region. It has flown over 18,000 flights and has 33,000 hours on its fleet. The total annual flying hours have also surged to reach 11,000 hours in 2005.
Similarly its fleet has remarkably grown over the years. Today NAS operates forty seven aircrafts from two aircrafts in 1999. - And it plans to increase the number of its aircraft to ninety eight over the next five years.
NAS has gained the accreditation of GACA Certifications including Air Operator Certificate Parts 121 and 125, Repair Station Certification Part 145, FAA Part 129-14 and EASA Part 145.
"We are meant to fill in the gap and meet the increasing needs of travellers on short hauls including flight frequency, seat availability and convenience of travel with uncompromised quality service and safety standards in the highly competitive travel arena. These elements represent the cornerstone of our investment and dedication to provide our customers with unrivalled levels of comfort and services to meet their needs." continued the Mr. Al Jeaid.
Mingled with pricing convenience, NAS plans to maximise the number of routes and frequencies and introducing new routes that cater to the needs of domestic travellers.
"We are gearing up to win one of the licenses and start low cost carrier operation and to this end we have entered into strategic alliances with world class allies with proven track records in their relevant field to ensure genuine technology and know-how transfer." concluded the Mr. Al Jeaid.
Established in 1999, NAS is a limited liability fully owned Saudi company that has two operational hubs in Riyadh and Jeddah in Saudi Arabia.
Posted by Anne-Birte Stensgaard, Senior News Editor
