Tag Archives: Nesma Group

A consortium comprising Air Arabia, Nesma Group, and KUN Holding announces that it has won the General Authority of Civil Aviation’s (GACA) competition to establish and operate a new national low-cost airline, which will be based at King Fahd International Airport in Dammam. The airline aims to enhance domestic and international air connectivity for the Eastern Province. This win marks the culmination of a shared vision and strategic partnership among the three parties, focused on delivering an efficient operating model that supports the objectives of the Aviation program goals, improves service quality for travelers, and contributes to driving national economic growth. Adel Al Ali, Group Chief Executive Officer of Air Arabia, stated: “We are proud to have been selected by the General Authority of Civil Aviation (GACA) to launch a new national low-cost airline headquartered in Dammam. We extend our sincere gratitude to the Authority for its trust in us. As a leading low-cost airline operator in the region, this achievement represents a key milestone that reaffirms our commitment to supporting the growth and development of the Kingdom’s aviation sector. Through our proven economic model and regional expertise, this new partnership will deliver a reliable and value-driven travel experience for passengers and will contribute to economic growth and job creation in the Eastern Province and beyond.” Mr. Faisal Bin Saleh Al-Turki, President of Nesma Group, and Mr. Mohamed Bin Nabil Hefni, CEO of KUN Holding, added: “At Nesma and KUN, we are proud to be part of this ambitious national initiative, which is the result of a strategic partnership with Air Arabia Group. This initiative aligns with the impressive developments in the Kingdom’s tourism and aviation sectors. Launching a new low-cost …

Read More »