A consortium comprising Air Arabia, Nesma Group, and KUN Holding announced that it has won the General Authority of Civil ...

A consortium led by Air Arabia and partners Nesma Group and KUN Holding has secured approval from Saudi Arabia's General Authority of Civil Aviati ...

Air Arabia, in partnership with Kun Investment Holding and Nesma Group, has secured a license to operate a new low-cost ...

Since the beginning of 2025, EFG Hermes has advised on five M&A transactions and six equity capital market (ECM) agreements ...

Backed by KUN Investment Holding and Nesma, the new carrier aims to operate 45 aircraft and serve 81 routes by 2030 . Air Arabia-led consortium to launch new Saudi low-cost airline . Air Arabia ...

The airline, which draws on Air Arabia’s regional low-cost operating model, aims to deliver reliable and value-driven travel ...

Saudi Arabia plans to launch a new low-cost airline by 2030, as part of its Vision 2030 initiative to boost tourism, operating from Dammam with 45 planes.

Riyadh, EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), ...

UAE-Based Air Arabia To Launch Saudi Arabia LCC is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) ...

Adel Al Ali, Group Chief Executive Officer of Air Arabia, said: “We are proud to have been selected by the General Authority of Civil Aviation (GACA) to launch a new national low-cost airline ...

The Kingdom of Saudi Arabia’s General Authority of Civil Aviation’s (GACA) has awarded a consortium comprising Air Arabia, ...

A new low-cost airline backed by Air Arabia, Nesma Group, and KUN Holding is launching in Saudi Arabia, aiming to boost connectivity from Dammam.