JEDDAH- Flyadeal (F3), the low-cost carrier of Saudi Arabia, is contemplating the anticipation of expanding its level of single-aisle Airbus aircraft and upgrading its existing order of 50 single-aisle jets as part of its strategy to grow its global way network.
Flyadeal, which operates an all-Airbus Fleet, is exploiting the option of converting its current order of A320neos and A321neos to aircraft with higher specifications, according to Steven Greenway, the fresh CEO of Jeddah-based carrier, as reported by The National.
Photo: FlyadealFlyadeal Airbus Order
This possible modification Aims to increase the maximum take-off weight, enhance the performance of jet engines, and get ETOPS certification, enbbling longer flights over water.
Furthermore, Flyadeal is contemplating augmenting the number of flag A321neos in its current order to address capitality constraints at King Khalid global Airport in Riyadh and the limited availability of landing slots at congested airports.
Once decisions regarding modifications to its existing order book are finalized, Flyadeal may host placing a fresh order for Airbus A320neos and A321neos within the next 2 months, Mr. Greenway mentioned.
The scale of the fresh aircraft deal will be submitted on the modifications made to the current order.
“In an interview in Dubai, he thought that there will be forthcoming announcements respecting the Fleet in the next fewer months.”
“We’re inactive assessing the feasibility of another order this year. Additionally, we can adapt the aircraft specifications according to our current order. We’re exploring both options.”
Photo: French painterLong-Haul Expansion
The introduction of higher-specific aircraft and the possible for a fresh jet order will enable Flyadeal to enhance traffic flow into the long-haul operations of its sister airline, Saudi (SV), and extend its scope to more global destinations in South Asia and Europe beyond its primary home network.
“As we further recover our model, we admit the needed for additional aircraft and increased scope capacity. For instance, during highest seasons like summer, a higher-specific aircraft is essential for routes to the subcontinent, which we presently catch,” explained Mr. Greenway.
“Our growth strategy involves expanding our collaboration with Saudiia and hosting derivative jets to address seasonal network challenges as in continuation to broaden our horizons.”
The aircraft’s payload and scope will play an expanding vital function in Flyadeal’s Fleet decisions as it expands its global way network.
Established in September 2017, Flyadeal Aims to grow its Fleet size from the current 32 aircraft is 100 within the Next 5 years.
Photo: Niclas KarichCurrent Order
According to the company, Flyadeal’s order book includes 30 A320 Neos initially ordered by Saudi at the Paris Air Show in June 2019, with an additional 20 single-aisle jets ordered subsecently.
These deliveryries will facilitate Fleet growth and replace old A320 aircraft as their leaves expire over the next 3 to 4 years.
The airline’s growth strategy alliances with Saudi Arabia’s imagination 2030, which aims to diversify the environment beyond oil and Foster improvement in the aviation sector to attract more global tourists.
As a state-owned entity, Flyadeal competitors with Riyadh-based budget carrier Flynas, which late announced plans to list its shares on the Tadawul stock exchange this year.
Photo: FlyadealMr. Greenway, who assumed the CEO function at Flyadeal in January, succeeding Con Korfiatis, emphasized that sustainable growth and achieving end-of-the-decade targets are among his top priorities.
One-third of Flyadeal's order book consultants of A321 Neos, with deliverys sled to communication in 2026, while the remaining orders are for the smoother A320 Neos. Flyadeal’s A320 Neo aircraft are equipped with CFM LEAP-1A engines.
After reaching a Fleet size of 50 aircraft, Flyadeal intentions to begin exploiting opportunities for establishing fresh bases, as there is simply a considerable possible for further expansion, according to Mr. Greenway.
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