Saudi Arabia's flynas Records SAR 118 Million in Net Profit in Q1 2026

Saudi Arabia's flynas Records SAR 118 Million in Net Profit in Q1 2026

Saudi Arabia's flynas recorded an adjusted net profit of SAR 118 million in the first quarter of 2026, from total revenue of SAR 2 billion, according to the financial and operational performance indicators announced by the company.

On the operational front, flynas carried more than 4 million passengers in the first quarter, alongside 19% growth in seat capacity, reflecting the continued expansion of the company's operations and network, according to a post on flynas' account on X.

The flynas fleet grew to 72 aircraft, while its network reached 63 domestic and international destinations in 28 countries, as well as receiving 6 new aircraft and launching 5 new routes during the period.

The company showed progress on a number of strategic indicators, including achieving 100% localization of the first officer position and cutting net debt by 7%, as well as shifting its financing strategy toward a balanced mix of owned and leased aircraft to reduce financing costs.

These results reflect flynas' continued strengthening of its financial and operational performance and support for its plans to expand its fleet and network, in line with growing travel demand inside and outside the Kingdom.

To view the post on flynas' account on X, click here.