Flynas reports Q2 loss of 240.6M SAR

Flynas announced a net loss of 240.58 million SAR in the second quarter of 2026, compared to an average profit of 220 million SAR in the same period of the previous year. The company turned to a loss due to rising costs, especially fuel costs, which increased by 29%. Nevertheless, revenues increased by 3.2% year-over-year to 2.21 billion SAR, supported by continued growth in revenue from the low-cost airline segment and the Hajj sector. For the first half of 2026, losses decreased by 82.83% to 122.68 million SAR, while revenues rose by 6.19% to 4.22 billion SAR, despite a decline in total profit.

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