flynas Receives its 53rd of 120 Airplanes in Airbus Order

flynas took delivery of the 53rd new aircraft out of its order for 120 A320neo aircraft from Airbus. (SPA)
flynas took delivery of the 53rd new aircraft out of its order for 120 A320neo aircraft from Airbus. (SPA)
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flynas Receives its 53rd of 120 Airplanes in Airbus Order

flynas took delivery of the 53rd new aircraft out of its order for 120 A320neo aircraft from Airbus. (SPA)
flynas took delivery of the 53rd new aircraft out of its order for 120 A320neo aircraft from Airbus. (SPA)

flynas, a Saudi air carrier and the leading low-cost airline in the Middle East and the world, took delivery of the 53rd new aircraft out of its order for 120 A320neo aircraft from Airbus.

The move is part of flynas' "We connect the world to the Kingdom" strategic plan that is in line with the National Civil Aviation Strategy to connect Saudi Arabia with 250 International destinations, accommodate 330 million passengers, and host 100 million tourists yearly by 2030.

The 53rd airplane of the next-generation model touched down at King Khalid International Airport in Riyadh. This will consolidate flynas' position as the leading low-cost airline in the Middle East, and one of the top four low-cost airlines in the world, according to Skytrax.

In parallel with upscaling the flynas fleet, taking delivery of the new aircraft contributed to generating hundreds of quality jobs in the aviation sector directly and indirectly, as flynas recently announced the opening of applications in several programs, including the Future Pilots Program, Future Engineers Program, and the Cabin Crew Program for Saudi men and women.

Boosting A320neo aircraft share in the flynas fleet reinforces the leading low-cost carrier's commitment to sustainability and environmental protection. The A320neo is considered the most advanced, environmentally friendly, and fuel-efficient single-aisle airplane worldwide.



Saudi Energy Ministry, PIF Launch 3 Joint Projects on Localization of Renewable Energy Components

The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)
The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)
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Saudi Energy Ministry, PIF Launch 3 Joint Projects on Localization of Renewable Energy Components

The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)
The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030. (SPA)

Saudi Arabia’s Ministry of Energy, in collaboration with the Public Investment Fund, participated on Tuesday in the signing of three new agreements to boost the localization of renewable energy industries in the Kingdom.

The agreements are the result of the ongoing cooperation between the Ministry and PIF to localize renewable energy components and achieve the goals of Saudi Vision 2030.

The agreements cover the fields of wind turbines, solar cells and panels, and solar wafers and ingots.

An agreement was signed with Envision Energy and Vision Industries Company to localize the production of wind turbines and their components in the Kingdom, aiming to establish a joint project with a production capacity of up to 4 gigawatts annually.

An agreement was also signed with Jinko Solar and Vision Industries Company to localize the production of high-efficiency solar cells and panels with a production capacity of up to 10 gigawatts annually.

Additionally, an agreement was signed with a subsidiary of TCL Zhonghuan Renewable Energy Technology and Vision Industries Company to localize the production of wafers and ingots used in solar panels with a production capacity of up to 20 gigawatts annually.

The projects aim to bolster local supply chains, meet the increasing demand for renewable energy both locally and internationally, and contribute to achieving national renewable energy goals.

The agreements will contribute to localizing the latest technologies within the renewable energy sector and achieving the goal of localizing 75% of renewable energy projects in the Kingdom by 2030 in line with the National Renewable Energy Program.

The projects will enable Saudi Arabia to transform into a global hub for exporting renewable energy technologies.