CAPA Profiles

Snapshot

Base:Dammam, Saudi Arabia
Website:www.flysama.com
Launch:2007
Key People:Bruce Ashby, CEO
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Sama Data Room

Recently announced route changes

FromToNewTotalEffective
RiyadhSharjah3311-Nov-09
DammamMumbai331-Nov-08
DammamBeirut221-Sep-08
RiyadhAsiut331-Sep-08
RiyadhSheikh5518-May-08
JeddahAleppo2217-Jan-08
JeddahBeirut3317-Jan-08

More Sama route changes

Sama's fleet

Sama's fleet

Source: Centre for Asia Pacific Aviation & Ascend
Current as at March 2010

Sama

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Formed in 2007, Sama Airlines is a low-cost airline based at King Fahad International Airport in Dammam, Saudi Arabia. Using a fleet of B737 aircraft, Sama Airlines operates a network of domestic and regional services within Saudi Arabia and the Middle East. Sama received initial investment from 30 major Saudi private and institutional investors, including Olayan Financial Co, Xenel Industries Ltd, Saudi Industrial Services Co, Sara Development Company Ltd and Modern Investment Company for Trade and Industries.

CEO Bruce Ashby, confirmed on 22-Aug-2010 that the LCC would suspend operations from 24-Aug-2010 until further notice, as the company failed to receive government support and efforts to find strategic investors to invest in the company were unsuccessful.

Share Market Performance

Sama to cease operations on 24-Aug-2010; 1time predicts lower earnings per share

(23-Aug-10 3:01 PM)
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