JEDDAH: Saudi Arabian Airlines (Saudia) announced the establishment of a new airline company to provide low cost air transport, according to the Saudi Press Agency. The new company will be called Flyadeel.
The low-cost carrier will begin operations from the middle of next year, Saudia chief Saleh Al-Jasser said.
It will operate independently of its parent firm, Jasser was quoted as saying by SPA at a ceremony on Sunday.
In December, Al-Jasser said the airliner's ticket prices are still the lowest despite the SR30 increase in airfares.
Back in June 2015, at the Paris Air Show, Saudia ordered 50 passenger planes from Airbus with a total catalogue value of some $8.0 billion.
Will be interesting to see if the 50 aircraft are going to SVA or split, will also be interesting to see where they find pilots especially as they won't be able to offer the same package as SVA.
Considering that the guy in charge of the 2020 transformation came from Al-Maha, SAMA, Cebu Pacific, it stands to reason that they are going down the LCC road.