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CAPA TV | September 22, 2018

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flyadeal Aims To Place New Aircraft Order By Jun-2018

CAPA
  • On March 15, 2018

flyadeal CEO Con Korfiatis discusses the LCC’s expansion since it commenced operations in Sep-2017 and the expansion plans for the remainder of this year. flyadeal currently serves six domestic destinations in Saudi Arabia with a fleet of five A320s. flyadeal plans to add three more aircraft over the next three months, fulfilling its initial commitment with leasing companies for eight new A320ceos. Mr Korfiatis expects flyadeal to make a decision by Jun-2018 on an RFP with Airbus and Boeing for 30 firm aircraft plus 20 options. flyadeal aims to add two to four aircraft in 2H2018 and add eight to 10 aircraft in 2019. These aircraft could be sourced from the order it places by Jun-2018 or separately. flyadeal’s network will grow by another two domestic destinations over the next few months and international flights will begin in 2Q2018 or 3Q2018 following delivery of the eighth or ninth aircraft. flyadeal is now evaluating five or six international destinations – but will start with two – and is also evaluating airports in Saudi Arabia for a potential second base after Jeddah.

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