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Airbus in talks for Flynas A330neo jet orders

Created at 15 Jul · 10:49 PM1 source↑ Market-relevant
IN SHORT

Airbus is in discussions to sell A330neo widebody aircraft to Saudi low-cost carrier Flynas. An announcement could come as early as next week's Farnborough Airshow. Flynas plans to order fifteen A330-900s, marking its first widebody contract directly from Airbus.

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Key Numbers

15A330-900s Flynas plans to order
75incremental A320neo Family aircraft in MoU
55A320neo options
15A330neo options
400passengers A330neo will seat
4second-hand A330-300s operated by Flynas
4wet-leased A330-300s
6wet-leased A330-900s
139total new-generation narrowbody aircraft commitment
54A320-200Ns on order
10A321-200NY(XLR)s on order
53A320-200Ns in fleet
4A320-200s in fleet

Who's Involved

Airbus
aircraft manufacturer in talks to sell jets
Flynas
Saudi low-cost carrier in talks for jet orders
Bander Almohanna
CEO and Managing Director of Flynas
Condor Flugdienst
German airline reportedly discussing A330neo order
Airbus in talks for Flynas A330neo jet orders

↳ Why This Matters

The potential deal signifies a significant expansion for Flynas into widebody aircraft operations, enhancing its long-haul capabilities and supporting Saudi Arabia's growing tourism and pilgrimage sectors. For Airbus, it represents a crucial order for its A330neo program amidst a competitive market.

Key facts

  • Airbus is in talks to sell A330neo widebody aircraft to Saudi low-cost carrier Flynas.
  • An announcement regarding the Flynas deal could occur at the upcoming Farnborough Airshow.
  • Flynas plans to order fifteen A330-900s directly from Airbus.
  • The deal also includes 75 incremental A320neo Family aircraft, with options for more.

Airbus is reportedly in discussions to sell A330neo widebody aircraft to Saudi Arabian low-cost carrier Flynas, with a potential announcement expected as early as the upcoming Farnborough Airshow. Sources familiar with the matter indicated that Flynas is looking to firm up options for eight A330s.

Separately, a report suggested that German airline Condor Flugdienst was in discussions for approximately six Airbus A330neos, though this was downplayed by some sources.

Flynas plans to order fifteen A330-900s from Airbus, which would mark its first contract for widebody aircraft directly from the manufacturer. The Memorandum of Understanding, signed during the 2024 Farnborough Airshow, also includes 75 incremental A320neo Family aircraft, with options for an additional fifty-five A320neo and fifteen A330neo.

Flynas CEO and Managing Director Bander Almohanna stated that the A330neo will enhance the airline's long-haul capabilities with its advanced technology and efficiency, supporting growth plans and Saudi Arabia's pilgrim program. The airline currently operates four second-hand A330-300s and wet-leases an additional four A330-300s and six A330-900s to support Hajj and Umrah charters. The airline had previously issued a request for proposals for up to 30 widebody aircraft earlier this year.

Once finalized, Flynas's MoU with Airbus will increase its commitment for new-generation narrowbody aircraft to 139. The carrier currently has fifty-four A320-200Ns and ten A321-200NY(XLR)s on order, in addition to fifty-three A320-200Ns already in its fleet. It also operates four remaining A320-200s.

Frequently asked questions

Flynas plans to order fifteen A330-900s, which are widebody aircraft, directly from Airbus. The deal also includes 75 incremental A320neo Family aircraft.

An announcement is possible as early as next week's Farnborough Airshow.

The airline currently operates four second-hand A330-300s and wet-leases an additional four A330-300s and six A330-900s.

What Happens Next

01An announcement regarding the Flynas deal may occur at the Farnborough Airshow.
02The Memorandum of Understanding between Flynas and Airbus is expected to be finalized.

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Cadence

How It Developed

Airbus is in talks to sell A330neo widebody aircraft to Saudi low-cost carrier Flynas.
An announcement regarding the Flynas deal is possible as early as next week's Farnborough Airshow.
Flynas plans to order fifteen A330-900s from Airbus, its first contract for widebody aircraft directly from the manufacturer.
The Memorandum of Understanding also includes 75 incremental A320neo Family aircraft, with options for fifty-five A320neo and fifteen A330neo.
Flynas CEO Bander Almohanna stated the A330neo will enhance long-haul capabilities and support growth plans.
The airline currently operates four second-hand A330-300s and wet-leases additional A330s.

Sources

T1
Airbus in talks to sell jets to Flynas, sources sayReuters
T2
Airbus Set to Win A330 Jet Deals from Flynas, Condorbloomberg.com
T2
Saudi Arabia's flynas to order 15+15 A330neo, 75+55 A320neoch-aviation.com

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