“Nass” signs an agreement with “SABB” with 504 million riyals

Last Thursday, the flynas signed the Maraboha facilities agreement with the first Saudi Bank (SABAI). "Saudi Arabia trading": The value of the agreement is 504 million riyals (equivalent to 134.4 million US dollars), in order to finance the receipt of a number of aircraft. The goal of financing: Covering the cost of receiving a number of Airbus aircraft (A320neo) according to the Airbus purchase agreement with Airbus, which is part of the confirmed demand for the company for 195 narrow -body aircraft (159 A320neo aircraft and 36 A321neo aircraft). This is to support the company’s future expansion plans.

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