flynas In Talks To Purchase Four Aircraft Per Year

Saudi Arabian budget carrier flynas is in talks with Airbus and Boeing as it seeks to purchase four new aircraft per year over the next four years.

"Profitability has given us confidence. We're talking to Airbus and Boeing to see their best offer," Paul Byrne said on the sidelines of an aviation event in Dubai.

Flynas turned profitable earlier this year and has seen nine consecutive months of profit since, Byrne said.

The airline currently has about 26 aircraft in its fleet with the average age of eight and half years, he said.

Fleet growth will come at the rate of four aircraft per year for the "foreseeable" future and may see the airline switch from Airbus to an all-Boeing fleet, Byrne said.