Saudi's New Private Carrier Looks At BIG Orders | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 04.16.18

Airborne-UnManned 04.17.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

Airborne-YouTube

Airborne 04.16.18

Airborne-UnManned 04.17.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

Wed, Dec 13, 2006

Saudi's New Private Carrier Looks At BIG Orders

Newly Licensed NAS Now Plans 100-Plane Fleet

Saudi Arabia's newly licensed National Air Services (NAS), the country's first privately-held airline, announced Wednesday a $2 billion fleet expansion plan. This comes on the heels of last week's announcement it had received a license to operate with plans to expand its five-aircraft fleet to eighteen by 2010.

In a release, NAS Chairman Ayed Al Jeaid said, "The overall growth of Middle East aviation and travel market has served as the catalyst for our significant expansion plans."

The company hasn't published specific numbers yet, but it has said it plans to purchase $2 billion worth of Airbus, Raytheon and Gulfstream aircraft to form the core of what will eventually become budget-carrier NAS. It also says its upcoming purchase will supply aircraft to expand its fleet of fractional-ownership aircraft the company has flown since beginning operations in 1999. Aircraft selection, in terms of seating capacity, will be determined by the specific needs of each business unit says the company.

Al Jeaid said, "This is also in line with NAS's ambitious strategy to diversify its business portfolio and tap new markets."

Airline market expansion has been explosive in the Middle East since 2001. Record oil revenues in the region have driven an economic upturn of sorts and leisure travel has grown along with it.

According to Reuters, the Middle East led airline passenger growth among the world's regions, rising 13.1 percent in the first nine months of 2006 compared to 2005.

NAS says it plans to complete its fleet expansion by 2010.

FMI: www.nasaviation.com

Advertisement

More News

AMA Drone Report 04.12.18: AMA Counters CDA, Night FPV, Google Drone Issues

Also: Drone Assists SAR, Strategic UAV Partnership, Russian Mail Drone Crash, Gold Coast Commonwealth Games As noted in the last AMA Drone Report, the Commercial Drone Alliance has>[...]

Airborne 04.18.18: FAA Reauthorization, New Bose, Std. Libelle 201 BE

Also: USAF Changes ARFF Standards, Aims Community College, Trent 1000 Package C Update, Global 7000 Extends The House Transportation and Infrastructure Committee has introduced a b>[...]

Airborne-Unmanned 04.17.18: XPO 2018, Drone Broadcasts, Airbus Inspection Drone

Also: NZ AFB Drone Incident, Police UAVs, Inaugural Drone Boot Camp, Predator 5M Flight Hours This is it! THE major unmanned exposition of the year -- AUVSI XPONENTIAL 2018 starts >[...]

AMA Drone Report 04.19.18: AMA Leadership, FAA Reauthorization, Coachella

Also: New French Regs, Drone Boot Camp, Public Safety Drone Standards, DroneShield Protects NASCAR It’s a little bit sad and yet a bit cool to see AMA make an exciting change>[...]

AMA Drone Report 04.19.18: AMA Leadership, FAA Reauthorization, Coachella

Also: New French Regs, Drone Boot Camp, Public Safety Drone Standards, DroneShield Protects NASCAR It’s a little bit sad and yet a bit cool to see AMA make an exciting change>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC