Nas Airlines and Caterpillar Inc Research Proposal

Nas Airlines and Caterpillar Inc - Research Proposal Example Currently, there is no specialized provider of such a service, a situation that presents a robust business opportunity. If implemented, the proposal will make air travel by Flynas much more convenient as passengers will enjoy a one-stop for travel and cover. Flynas is Saudi Arabia’s first and only budget airline offering domestic and international flights. The company’s head office is in Riyadh, Saudi Arabia. Flynas was founded in 2007 as Nas Air and commenced operations in February of the year. Until the establishment of Nas Air, Saudi Arabian Airlines, the national carrier, was the only airline in the country. In November 2013, Nas Air rebranded to Flynas. Currently, Flynas makes 950 flights a week to several destinations around the world. As of November 2013, the airline had carried a total of 12 million customers, 3 million of them in the ten months ending November 2013. The airline, following its rebranding, targets to have carried 20 million customers by 2020 (Shane, 2013). Flynas did not offer international flights until 2009. Sharm el Sheikh and Assiut in Egypt became the airline’s first international destinations in 2009. A major milestone in the growth of Flynas came in February 2014 when the airline launched its Global Flight Routes program. The aims of the program were to provide affordable flights between the Saudi Arabian city of Jeddah and specified cities in Africa, Asia and Europe and to fly religious tourists to Saudi Arabia. Under the program, Flynas became the first airline to offer low-cost flights between Saudi Arabia and the UK with the launch of the Jeddah-London Gatwick route in April 2014. The route was the airline’s first long-haul route to Europe. The airline’s other long-haul services included those to Manchester, Islamabad, Casablanca, Jakarta and Kuala Lumpur. Medium-haul routes included Riyadh-Karachi and Riyadh-Lahore. However, in October 2014, Flynas announced the cancellation of most of its