Flynas In Talks For 100 Aircraft - Report

Saudi Arabia's low-cost airline Flynas is in talks with Airbus, Boeing and Bombardier about a potential order for 100 new aircraft, after the carrier posted a profit in 2015 for the first time, according to a media report.

Flynas chief executive Paul Byrne told Bloomberg on Saturday that it was considering purchasing or leasing 60 new aircraft in the next five years with an option for 40 more.

"We're talking to Airbus, Boeing and Bombardier about purchasing or leasing depending on which is the best deal for us," Byrne said. "If we were to change from Airbus to Boeing or Bombardier, that will be a big move for us but it's not as dramatic as it sounds."