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Flynas profit falls 77.5%
flynas’s net profit fell 77.5% year on year in the third quarter of 2026 to SAR 27 million, compared with SAR 120.21 million. However, the company returned to profitability after posting a loss of SAR 240.6 million in the second quarter. It attributed the decline mainly to an 11% increase in cost of revenue, to SAR 1.916 billion, including a 51% rise in fuel costs to SAR 666 million amid higher jet fuel prices. Revenue increased 6.5% to SAR 2.226 billion, partly offsetting the decline in profit.
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