Bander Almohanna CEO & Managing Director flynas

 Mr. Bander Al-Mohanna is the Chief Executive Officer & Managing Director of flynas, a Saudi national air carrier and a leading low-cost airline in the Middle East.

Al-Mohanna holds a Master’s Degree in Actuarial & Financial Mathematics from the University of Michigan as well as a Master’s Degree in Business Administration from the American University in Washington D.C. He has also obtained a Bachelor of Science Degree in Accounting from King Saud University, Riyadh. He is a member of CFA Institute and has also successfully completed an Advanced Management Program at Harvard University.

Al-Mohanna has over 20 years of experience in leadership, finance and management across several sectors. He is a key member of flynas Group, responsible for the restructuring, financing and acquisition strategy of more than US $ 8 billion. Al-Mohanna joined flynas in 2006 as the Chief Financial Officer (CFO) and was promoted to Executive Vice President in 2008. In 2015, he was appointed as the Chief Executive Officer of flynas Group (flynas, NASJET, and flynas Hajj & Umrah).

Prior to joining flynas, Al-Mohanna held several key positions, including Chief Financial Analyst at Makshaff Services and Investments Ltd. He also held several positions at the Saudi Arabian Monetary Agency, including the Banking Supervision Department between 1993 and 2002.

Al-Mohanna also chairs and sits in the board of various prestigious business entities. Al-Mohanna is also Chairman of Middle East Financial Investment Company (MEFIC) bank and JAZL Investments. He is a board member of several companies including Sabb Takaful, Nitaq Actuarial Services, NAS Execujet Services and Nas Holding.

 Mr. Bander Al-Mohanna, together with his team, has contributed to the success of flynas and led it to win several prestigious international awards, including the Middle East's Leading Low-Cost Airline from World Travel Awards for four consecutive years 2015, 2016, 2017 & 2018 and Skytrax Awards for Middle East's Best Low-Cost Airline for 2017 & 2018.

Al-Mohanna, recently revealed that flynas has carried about 6.6 million passengers on 60,000 domestic and international flights during 2018, noting that the increase in the number of passengers is a result of the increasing number of flights and destinations in line with flynas’ expansion plans to meet its passengers’ needs.

Al-Mohanna further stressed that the growth rate in passenger numbers is an extension of flynas’ previous successes and expansion plans in the domestic and international market, as it has launched 11 new destinations in 2018.

He added, “this year’s flynas results confirm that it continues to be the best travel choice in the Kingdom, which further enhances our future ambitions to expand and reach new destinations”. He also noted flynas’ achievements, as it has won the prestigious Skytrax Award twice in a row (2017 and 2018) and Middle East’s Leading Low-Cost Airline from the World Travel Awards for four consecutive years (2015, 2016, 2017, and 2018).

Al-Mohanna stated that flynas’ domestic flights has carried about 4.3 million passengers, while the total number of passengers on international flights exceeded 2.3 million in 2018. He also said, “the increasing number of passengers on our flights reflects our relentless efforts to improve passenger experience and develop plans to boost growth. We have expanded our domestic and international destinations as well as our strategic partnerships with Jet Airways, Pegasus and Etihad Airways”.

Moreover, flynas announced the graduation of the first batch of the Saudi Female Flight Attendants program, noting that their first practical flight will be during recent months.

This step stems from flynas’ keenness to empower Saudi women to play a key role in the renaissance of the Kingdom in diverse industries. flynas is the first Saudi national carrier to open opportunities for Saudi women through its ‘Future Pilots’ and ‘Flight Attendants’ Programs.

flynas stated that the ‘Flight Attendants’ program aims to attract 300 Saudi male and female flight attendants within two years, noting that it will consider the working hours and will allocate a uniform for Saudi female flight attendants in line with the Saudi customs and traditions.

In 2019, flynas will continue with its expansion strategy, and new destinations will be launched on a new fleet of 120, A320neo aircraft purchased from Airbus for a total value of 32 billion riyals, to be delivered successively in 2019.