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Nasair

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IATA Code
UE
ICAO Code
NAS
Country
Eritrea
Business model
Full Service Carrier

 
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88 total articles

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6,348 total articles

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nasair ceases operations to India as its narrowbodies prove no match for competitors’ widebodies

16-Feb-12 10:53 AM

Saudi Arabia’s nasair has ended its operations to Kozhikode, the carrier’s sole remaining destination in India. The airline suspended its operations from Riyadh to Kozhikode from the beginning of Feb-2012, although no official announcement regarding the cancellation was made.

The cancellation of its final route into the country marks a major reversal in strategy for the carrier. After several years of experience with Hajj pilgrimage flights to Mumbai and Kozhikode, nasair launched scheduled services to India at the end of Mar-2010, with a four times weekly Riyadh-Mumbai service. The carrier followed this up by adding services from Riyadh to Kochi in Jun-2010, Kozhikode in Oct-2010 and Delhi during Dec-2010.

Middle East fleet outlook: widebody popularity increases, Airbus to grow market share

25-Nov-11 3:03 PM

The 163 aircraft ordered at last week's Dubai Airshow will keep the Middle East region with almost as many aircraft on order as in service. While the show was marked by Emirates' order for 50 B777s, adding to the carrier's all-widebody fleet, widebody aircraft currently comprise just over half the region's fleet but are set to grow. Widebodies comprise more than 70% of aircraft on order in the region.

Boeing and Airbus will see their market share increase, but Airbus more so, eventually accounting for more than half of all aircraft in the region and Boeing accounting for just over a third. These latest aircraft orders add to an already substantial order backlog by airlines in the region. Most of the orders are concentrated in the hands of the Gulf region’s three largest sixth-freedom airlines: Etihad Airways, Qatar Airways and Emirates. The 163 orders from the show were from airlines and leasing companies and had a combined total value at list prices of just under USD32 billion.

Saudi Arabia looks at opening domestic market to GCC airlines

1-Sep-11 4:00 PM

The Saudi Arabian General Authority of Civil Aviation (GACA) has confirmed it is considering opening its skies to carriers from other Gulf Cooperation Council (GCC) member nations, in a radical attempt to improve the domestic aviation market in the country. In mid Aug-2011, a spokesman for the GACA stated the body is now “seriously considering” a proposal that would open up the Saudi domestic market to foreign competition.

Pakistan International Airlines in precarious situation as losses continue

6-Jul-11 12:14 PM

Pakistan’s aviation industry has struggled in recent years due in large part to the poor performance of national carrier Pakistan International Airlines (PIA), which continues to be supported by majority owner, the Pakistan Government, as the carrier’s losses continue to flow.

Sama Chairman, Prince Bandar Bin Khalid Al-Faisal Is Saudi Arabia's last LCC nasair set to join Sama?

9-May-11 9:33 AM

Saudi Arabia’s LCC experiment may be drawing to an unwelcome close. nasair, the kingdom’s first – and now sole surviving – LCC announced it has suffered a 1Q2011 loss, due to the troubled situation in the Middle East and North Africa reducing passenger traffic and the increasing price of oil.

Airline IPO activity increases as market conditions improve but oil threatens

10-Mar-11 10:45 AM

There are more than 30 airlines around the world publicly talking of conducting an IPO to help diversify funding sources, coinciding with improved demand and economic conditions. Aircraft deliveries are also accelerating, with more than 1400 aircraft scheduled for delivery this year alone, prompting the need for additional financing. However, concerns over rising fuel costs in recent weeks have had affected oil prices and, hence, the attractiveness of airlines.

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