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Consortium wins competition to set up new Saudi Arabian low-fare airline

Summary by LARA
A consortium made up of Air Arabia, Saudi Arabian conglomerate Nesma Group, and the UK-based investment company, KUN Holding, has won the General Authority of Civil Aviation’s competition to establish and operate a new Saudi Arabian low-fare airline. The new carrier will be based at King Fahd International Airport in Dammam with the goal of enhancing domestic and international air connectivity for the Eastern Province. The target is to operate 2…
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LARA broke the news in on Thursday, July 24, 2025.
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