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
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