DAMASCUS — Saudi Arabia’s low-cost service flynas has signed an settlement to ascertain a brand new joint airline in Syria.
The settlement, signed in Damascus, establishes flynas Syria as a three way partnership between flynas and the Syrian Civil Aviation Authority, with possession cut up 49 p.c for flynas and 51 p.c for the Syrian Basic Authority of Civil Aviation and Air Transport.
The signing happened within the presence of the Syrian president and varieties a part of a broader package deal of strategic Saudi-Syrian funding agreements coordinated with the Saudi Ministry of Funding.
The announcement coincided with the signing of a memorandum of understanding to develop and function Aleppo Worldwide Airport, signaling a parallel effort to rehabilitate essential aviation infrastructure alongside airline operations.
Saudi Basic Authority of Civil Aviation President Abdulaziz Al-Duailej mentioned the 2 agreements mirror “a strategic course towards constructing an built-in aviation ecosystem that enhances regional connectivity and helps financial improvement in each nations.”
He added that Saudi Arabia is able to work carefully with Syrian authorities throughout a number of tracks, together with airport improvement and the rehabilitation of air navigation infrastructure.
As soon as operational, flynas Syria is anticipated to attach Syria with locations throughout the Center East, Africa, and Europe, facilitating passenger motion whereas supporting commerce and tourism.
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Saudi Minister of Funding Khalid Al-Falih mentioned the initiative demonstrates the Kingdom’s dedication to high-quality cross-border investments, describing aviation as a key enabler of financial improvement and positioning flynas Syria as a mannequin for constructive funding cooperation.
Hisham Al-Assari, President of the Syrian Basic Authority of Civil Aviation and Air Transport, mentioned the undertaking helps Syria’s nationwide imaginative and prescient to rebuild and modernize its civil aviation sector, with a concentrate on security, operational sustainability, and alignment with world finest practices.
flynas CEO Bandar Al-Mohanna mentioned the funding displays confidence in Syria’s long-term financial potential and strategic geographic place, noting that the nation is nicely positioned to function a regional air journey hub.
In December 2025, civil aviation authorities from Saudi Arabia and Syria signed a memorandum of understanding in Riyadh masking technical cooperation and discussions to replace the Air Transport Companies Settlement, establishing the regulatory framework for expanded air providers between the 2 nations.
Industrial operations of flynas Syria are scheduled to start within the fourth quarter of 2026, topic to the completion of licensing and operational procedures in keeping with worldwide aviation security and safety requirements.
