A consortium comprising Air Arabia, Nesma Group, and KUN Holding introduced that it has gained the Basic Authority of Civil Aviation’s (GACA) competitors to ascertain and function a brand new nationwide low-cost airline, which will likely be based mostly at King Fahd Worldwide Airport in Dammam.
The airline goals to reinforce home and worldwide air connectivity for the Jap Province.
This win marks the fruits of a shared imaginative and prescient and strategic partnership among the many three events, centered on delivering an environment friendly working mannequin that helps the goals of the Aviation program targets, improves service high quality for vacationers, and contributes to driving nationwide financial development.
Adel Al Ali, Group Chief Government Officer of Air Arabia, said, “We’re proud to have been chosen by the Basic Authority of Civil Aviation (GACA) to launch a brand new nationwide low-cost airline headquartered in Dammam. We prolong our honest gratitude to the Authority for its belief in us. As a number one low-cost airline operator within the area, this achievement represents a key milestone that reaffirms our dedication to supporting the expansion and growth of the Kingdom’s aviation sector. By means of our confirmed financial mannequin and regional experience, this new partnership will ship a dependable and value-driven journey expertise for passengers and can contribute to financial development and job creation within the Jap Province and past.”
Faisal Bin Saleh Al-Turki, President of Nesma Group, and Mohamed Bin Nabil Hefni, CEO of KUN Holding, added, “At Nesma and KUN, we’re proud to be a part of this bold nationwide initiative, which is the results of a strategic partnership with Air Arabia Group. This initiative aligns with the spectacular developments within the Kingdom’s tourism and aviation sectors. Launching a brand new low-cost service from Dammam is just not merely an air transport mission, however a direct contribution to strengthening the tourism infrastructure and stimulating the native financial system of the Jap Province. This consists of creating high-quality jobs, empowering nationwide expertise, and supporting aviation-related business actions. We imagine this mission displays the non-public sector’s function in supporting the targets of Saudi Imaginative and prescient 2030 and embodies the spirit of partnership between the private and non-private sectors to realize transformative strides in sustainable growth. We sit up for this service turning into a mannequin of native and worldwide collaboration, strengthening the Kingdom’s place as a number one regional and international tourism vacation spot.”
The brand new nationwide low-cost service is focusing on to function 24 home and 57 worldwide locations with 45 plane by 2030, aiming to serve round 10 million passengers yearly from Dammam and the Jap Province. The mission is projected to create over 2,400 direct jobs within the aviation sector and considerably contribute to tourism development and native financial growth within the area.
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