NAS to expand operations to India
Riyadh-based Saudi National Air Services has proposed direct flights from Saudi Arabia to Mumbai through its subsidiary Nas Air connecting Riyadh to the Indian financial capital. Reports published in Arab News said that the airline would operate four times in a week starting from the end of March.
Suleiman Abdullah Al-Hamdan, CEO of Riyadh-based Saudi National Air Services said, "Possibly two from Riyadh and two from Jeddah." The airline also plans to enhance the connectivity to other Indian cities such as New Delhi, Cochin and Calicut owing to good business prospectus in the growing Indian economy.
Meanwhile, Abu Dhabi-based Aabar Investments and US Aviation Company Xojet Inc. penned down an agreement according to which US company will buy shares worth $20m in the Aabar Investments.
The agreement between both firms also proposes to form a joint venture for offering private jet services in the MENA region.
New Zealand News
- Hyundai Motor Corp to create ultra-fast EV charging network E-pit in Korea
- MGE gets six-month extension for South Korea’s Inspire Entertainment Resort development project
- Price of two cheapest trims of Tesla Model 3 electric sedan increased by $500
- Genting Malaysia asks employees to accept reduced pay; executives to take leave without pay
- Tesla to design & build affordable EV in China: Tom Zhu
- Norway’s ICE car sales decline as buyers making shift to EVs
- Pursang launches Retro-inspired E-Track Motorcycle for Euro 14,449 in Netherlands
- ElectReon successfully tests dynamic wireless EV charging system on public road in Sweden
- Volvo to design special Gothenburg Green City Zone for autonomous & related technologies