14 Hrs
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الاقتصادية
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Source: الاقتصادية
14 Hrsالاقتصادية
Source: الاقتصادية
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flynas’s profits fell sharply to SAR 27 million in the third quarter of 2026, despite revenue growth of 6%, as it did not record the SAR 33 million gain from a sale-and-leaseback transaction that it had recognized in the same period a year earlier. Revenue per available seat-kilometer rose 11%, but cost per seat increased 20%, while the fuel bill surged 51% year on year to SAR 666 million—about 30% of revenue. The company warned that the closure of King Khalid International Airport in Riyadh from October 10 to 25 would affect fourth-quarter results. It kept its 2026 guidance suspended and took steps to cut costs and preserve cash.
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