Flynas Co. (4264)

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News

8 September 10:45 AM Flynas discloses ground handling deal value following Swissport equity acquisition

Riyadh - Mubasher: Flynas Company recently signed a ground handling services agreement with Swissport Saudi Arabia Limited is projected to involve annual purchases equivalent to approximately 5% of the airline's total revenue. This disclosure …

Company News

7 September 02:24 PM Saudi Ground Services gets contract termination notice from flynas

Riyadh – Mubasher: Saudi Ground Services Company (SGS) received a written notice on 6 September from  Flynas Company regarding the termination of their ground handling services contract. The termination follows a contractual clause requiring a …

Companies Investments

7 September 09:20 AM Flynas acquires 10% stake in Swissport Saudi Arabia for SAR 50m

Riyadh - Mubasher: Flynas Company announced on 6 September 2026 the signing of a share purchase agreement to acquire a 10% equity stake in Swissport Saudi Arabia Limited for a total consideration of SAR 50 million ($13.33 million). The deal, …

Mergers and Acquisitions

11 August 02:12 PM Flynas rolls out agreement for government travel services

Riyadh - Mubasher: Flynas Company  has signed a unified framework agreement with the Expenditure and Projects Efficiency Authority (EXPRO) to provide passenger travel services for government entities. The agreement establishes a standardized …

Company News

5 August 08:44 AM Flynas logs SAR 4.2bn revenues in H1-26 amid rising fuel costs

Riyadh - Mubasher: Flynas Company incurred a net loss of SAR 240.58 million for the second quarter (Q2) of 2026, narrowing from a loss of SAR 862.51 million in the same period last year. The results came as quarterly revenue grew by 3.20% to SAR …

Company News

23 July 08:38 AM Flynas considers purchasing 25 additional airbus aircraft

Riyadh - Mubasher: Flynas Company has exercised contractual purchase options and rights for 25 additional aircraft from Airbus SAS on 22 July 2026. The move follows existing agreements dated 31 December 2016 and 7 November 2024, according to a …

Company News

8 July 01:42 PM Flynas shares drop on Wednesday; trading volume hits 546,810 shares

Riyadh - Mubasher: Flynas Company, a prominent player within the Saudi Transportation sector, is experiencing a notable price correction during today’s trading session on 8 July 2026. The stock is currently trading at SAR 53.35, which represents a …

Company News

29 June 08:58 AM Flynas amends EGM results on auditor remuneration

Riyadh - Mubasher: Flynas Company has issued a corrective disclosure through the Saudi Exchange (Tadawul) concerning the results of its Extraordinary General Meeting held on 25 June 2026. The amendment specifically addresses the financial details …

Board of Directors

28 June 02:56 PM Flynas’ shareholders approves SAR 1.5bn related-party transactions at EGM

Riyadh - Mubasher: Flynas Company has announced the results of its Extraordinary General Meeting (EGM), held on 25 June 2026, where shareholders approved several significant financial and governance resolutions. Key outcomes of the meeting …

General Assembly

15 June 08:17 AM Flynas to launch direct flights between Jeddah, Rabat

Riyadh - Mubasher: Flynas Company has launched direct flights connecting Jeddah with the Moroccan capital, Rabat, starting 4 July, becoming the first Saudi carrier to operate direct flights between the two cities. The weekly operations will expand …

Companies Investments

10 June 08:24 AM Flynas inaugurates new operations base in Qassim

Riyadh - Mubasher: Flynas Company has teamed up with Cluster2 Company to establish a new operations base at Prince Naif bin Abdulaziz International Airport in Qassim. This made flynas the first Saudi airline to operate flights from six different …

Companies Investments

3 June 02:59 PM Flynas relocates Jeddah-Amman flights to Amman Civil Airport

Riyadh - Mubasher: Flynas Company has relocated its direct flights between Jeddah and Amman to Amman Civil Airport (ADJ) starting on 15 June 2026, according to a press release. Flynas will operate daily flights between Jeddah and Amman Civil …

Company News

20 May 07:27 AM Flynas inaugurates 5th operations base at Abha International Airport

Riyadh - Mubasher: Prince Turki bin Talal bin Abdulaziz officially inaugurated the new operations base of Flynas Company at Abha International Airport, marking a strategic milestone in the airline’s expansion plans across the Kingdom. The launch …

Company News

11 May 12:10 PM Flynas registers 20% lower profits in Q1-26 amid regional flight disruption

Riyadh - Mubasher: Flynas Company generated SAR 117.90 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026. The quarterly profits were lower by 20.26% year-on-year (YoY) than SAR 147.85 million, according …

Global Economy

11 March 10:37 AM flynas delivers resilient operational, financial performance in 2025 due to regional expansion

Riyadh - Mubasher: Flynas Company incurred net losses attributable to the shareholders amounting to SAR 526.99 million in 2025, against net profits valued at SAR 433.50 million in 2024. The revenues climbed by 3.81% year-on-year (YoY) to SAR 7.84 …

Financial Results

8 February 01:19 PM Flynas to establish MENA-focused JV in Syria

Riyadh - Mubasher: Flynas Company has entered into a partnership agreement with the Syrian Civil Aviation Authority for a joint venture (JV) to establish and operate a new airline company under its brand. The Saudi group will hold an initial 49% …

Global Economy

10 November 2025 00:11 PM Flynas records SAR 6bn revenues in 9M-25 supported by global expansions

Riyadh - Mubasher: Flynas company shifted to net losses valued at SAR 594.43 million in the first nine months (9M) of 2025, against net profits of SAR 492.62 million in 9M-24. Meanwhile, the revenues grew by 2.91% to SAR 6.06 billion in 9M-25 from …

Global Economy

2 September 2025 01:56 PM Flynas bolsters global aviation operations via SAR 504m Murabaha deal with SAB

Riyadh - Mubasher: Flynas company has secured a Murabaha facility agreement worth SAR 504 million ($134.40 million) from Saudi Awwal Bank (SAB). The agreement aims to finance the delivery of new Airbus A320neo aircraft, according to a bourse …

Global Economy

27 August 2025 05:53 AM Flynas resumes flights to Kuwait

Riyadh – Mubasher: Flynas Company has resumed direct flights between Jeddah and Kuwait as of 1 November to further expand its network in line with its growth and expansion plan. This aligns with national objectives in the aviation and tourism …

Companies Investments

11 August 2025 11:46 AM Flynas’ revenues cross SAR 4.5bn in H1-25 following IPO

Riyadh – Mubasher: Flynas Company shifted to net losses valued at SAR 714.64 million in the first half (H1) of 2025, against net profits of SAR 388.01 million in H1-24. Loss per share amounted to SAR 4.58  at the end of June 2025, compared to an …

Financial Results