Saudi Arabia’s budget airline flynas is gearing up for a major market debut as it readies to go public with a 30% stake offering—up to 20% of which is open to retail investors. This IPO positions flynas as the next big name in the GCC aviation sector to join the stock market.

The institutional book-building process is slated to wrap up by May 18, while retail investors can subscribe starting May 28. The final allocation is scheduled for June 3, with the listing date on the Saudi Tadawul exchange to be announced soon.

As the Kingdom aims to diversify and strengthen its capital markets, flynas is riding a wave of regional aviation growth. In just the first nine months of 2024, the airline transported 10.9 million passengers across its 72-destination network, a reflection of its expanding footprint. It has also placed substantial aircraft orders—130 A320neos and 30 A330neos—to fuel future growth.

The airline’s financials are also climbing. Revenues reached SR434 million in 2024, up from SR401 million a year prior, contributing to a full-year revenue tally exceeding SR7.5 billion.

“This IPO offers investors the opportunity to participate in the growth journey of a high-value airline operating within one of the world’s fastest-growing aviation markets — the Kingdom of Saudi Arabia and the GCC,” said Bander Almohanna, CEO and Managing Director of flynas.

With investor interest in regional aviation heating up, flynas is positioning itself as a frontrunner in the skies—and now, on the stock exchange.

Air travel across the United Arab Emirates faced severe disruption on Monday after a series of military escalations in the Gulf region prompted widespread airspace closures. Sharjah-based Air Arabia issued an urgent advisory to passengers, warning of potential flight delays and disruptions following Iran’s missile strikes on a US base in Qatar.

The airline advised travelers to check their flight status online and assured that affected passengers would be notified directly via SMS and email.

Etihad Airways, based in Abu Dhabi, also announced the rerouting of several flights on June 23 and 24 due to airspace restrictions over Qatar, Bahrain, and Kuwait, and cautioned that further delays and disruptions were likely as the situation continued to evolve.

The airline has already suspended all flights to Tel Aviv until July 15, and clarified that transit passengers connecting to canceled destinations would not be accepted for travel from their point of origin.

The closures come amid a dramatic escalation in regional tensions, with the United States and Israel launching strikes on Iranian nuclear facilities, prompting retaliatory missile attacks from Iran targeting US assets in the Gulf. As a result, the UAE reportedly closed its airspace to all commercial traffic, forcing inbound flights to Dubai, Abu Dhabi, and Sharjah to divert or enter holding patterns, and some were rerouted to airports in Oman and Saudi Arabia.

Major carriers, including Emirates, Etihad, Flydubai, and Air Arabia, have suspended or rerouted flights to and from affected countries such as Iran, Iraq, Syria, Israel, and Jordan, with some suspensions extended until the end of June or mid-July.

Authorities have activated emergency response plans at major UAE airports, including Dubai International, Dubai World Central, Abu Dhabi, and Sharjah, to manage the crisis and ensure passenger safety. Travelers are strongly urged to check with their airlines for the latest updates and avoid heading to airports without confirmation of their flight status.

The Ministry of Foreign Affairs has also advised UAE nationals, residents, and visitors to monitor official channels for further travel guidance as the situation remains highly volatile.

A British Airways flight from Chennai to London was forced to return to Chennai International Airport mid-flight on Sunday morning after sudden airspace closures over the Middle East, triggered by escalating military tensions between the US and Iran. The flight, a Boeing 777 designated BA276, took off at 6:24 a.m. IST—nearly an hour behind schedule—with 247 passengers and 15 crew members on board.

After passing Bengaluru and cruising over the Arabian Sea, the pilots received an urgent alert that key Middle Eastern airspace had been shut down, following reported US military strikes on Iranian targets overnight. This closure made the planned flight path to London impassable.

Acting swiftly, the flight crew contacted air traffic control in both Chennai and London. Prioritizing passenger safety, authorities instructed the aircraft to return to Chennai, where it landed safely around 10:00 a.m. All 262 people aboard were unharmed. The incident caused significant disruption at the airport, with passengers initially accommodated in lounges and later in hotels across the city while the situation was assessed.

After several tense hours and once authorities confirmed the reopening of Middle Eastern airspace, the same aircraft—with all original passengers and crew—departed again from Chennai at 11:50 a.m., successfully resuming its journey to London. The episode highlights the ongoing volatility in international air travel caused by geopolitical conflicts, as several airlines continue to monitor and adjust their routes in response to regional instability

Emirates is set to expand its service to Barcelona with the introduction of a third daily flight starting October 26, 2025, responding to rising demand and enhancing connectivity between Dubai and the Catalonian capital. This new service will increase Emirates’ weekly flights to Barcelona to 21, providing greater flexibility and capacity for both business and leisure travelers.

The new flight will be operated primarily with Boeing 777-300ER aircraft, featuring 354 to 360 seats, and will join the existing daily flights operated by Airbus A380 and Boeing 777 aircraft. The three daily departures from Dubai International Airport (DXB) are scheduled at 3:45 AM, 8:15 AM, and 2:00 PM, arriving at Barcelona-El Prat Airport (BCN) in the morning and early evening.

 Return flights from Barcelona will depart at 3:10 PM, 3:30 PM, and 8:25 PM, allowing for smooth connections to Emirates’ extensive global network.

Barcelona is renowned for its stunning architecture, vibrant food scene, and beautiful beaches, making it a popular destination. The increased flight frequency will also facilitate easier onward travel to key destinations in Asia and the Indian Ocean region, including the Maldives, Bangkok, Bali, Hong Kong, and Singapore.

Emirates aims to optimize the new schedule to reduce layover times in Dubai, enabling passengers to connect efficiently to onward flights, such as afternoon departures to the Maldives arriving the same evening.
Emirates currently operates 28 weekly flights to Spain, split evenly between Madrid and Barcelona, with seven Barcelona flights extending to Mexico City, offering convenient transatlantic connections.

The third daily flight will mark the largest seat capacity ever offered on the Dubai-Barcelona route since Emirates launched the service.

Passengers can book tickets through emirates.com, the Emirates App, authorized travel agents, and Emirates retail stores. Emirates releases its tickets continually, up to 340 days before departure, so travelers looking to secure the best fares or reward seats should book early to maximize availability and savings.

In addition to expanding flight services, Emirates has recently partnered with Uber to enhance the travel experience. Frequent Uber riders in select markets can earn Emirates Skywards miles, which can be redeemed for discounted flights and other benefits. Conversely, Emirates customers booking flights may receive Uber ride vouchers, facilitating smoother and more affordable airport transfers.

This partnership aims to create a seamless journey from doorstep to destination, rewarding customers both on the ground and in the air[Memory].

Overall, the new third daily flight to Barcelona strengthens Emirates’ position as a key connector between Spain and the Middle East, Asia, and beyond, catering to increasing travel demand and offering passengers enhanced convenience and choice.

Finnair has suspended all flights to Doha from June 19 to June 23, 2025, with flight AY1982 on June 24 also cancelled, as a direct response to heightened security risks in the Middle East. The airline’s decision follows a comprehensive risk assessment of regional airspace, particularly over Iraq, Iran, Syria, and Israel.

 This comes after Finnair had already begun rerouting flights to avoid these areas, which increased flight times by about an hour and ultimately contributed to the suspension of the route.

Approximately 2,700 passengers are affected by the disruption, which impacts Finnair’s daily Helsinki-Doha service a key route for connections to Asia, Africa, and Oceania through its partnership with Qatar Airways. Finnair has assured customers that all affected passengers are being contacted directly via SMS and email. The airline is offering rebooking on alternative flights or refunds, though it warns that limited availability may mean rebooking takes longer than usual.

The suspension reflects a broader trend among international carriers to avoid airspace deemed high risk, especially as the situation in the Middle East has deteriorated in recent weeks. The escalation of hostilities, including strikes on Iranian nuclear facilities and retaliatory missile launches, has led to widespread airspace closures and forced airlines to adapt quickly to evolving threats.

Finnair is also avoiding Israeli and Iranian airspace until further notice and has suspended operations in Ukrainian airspace, highlighting the widespread impact of geopolitical instability on its network.

This latest disruption follows a series of operational challenges for Finnair in 2025, including significant flight cancellations in late May and early June due to strikes by ground handling staff. These labor disputes have compounded the airline’s operational difficulties, resulting in the highest proportion of flight cancellations among European carriers so far this year.

Finnair’s strategic cooperation with Qatar Airways, established in 2022, has already undergone changes, with the suspension of routes between Stockholm, Copenhagen, and Doha earlier in 2025. The current suspension leaves only the Helsinki-Doha flights operated by Finnair, further underscoring the fragility of international air links amid ongoing regional and operational challenges.

The airline has stated that it will reassess the situation after Midsummer, on June 23, and continues to closely monitor developments, working with authorities and partners to determine when flights can safely resume. Finnair emphasizes that passenger safety and operational security remain its highest priorities as it navigates these unprecedented disruptions.

American Airlines has suspended its daily nonstop service between Philadelphia International Airport (PHL) and Doha Hamad International Airport (DOH), its only route to the Middle East, due to escalating hostilities in the region.

The suspension began after Flight AA120, scheduled to depart from Philadelphia to Doha on Wednesday, June 18, was canceled, and the last outbound flight from Doha to Philadelphia took off early Thursday morning, June 19. All flights on this route are grounded at least through Sunday, June 22, with the airline warning that further cancellations are possible as the situation evolves.

This decision follows a security advisory from the U.S. Embassy in Qatar, which instructed Americans in Doha to remain vigilant, avoid large gatherings, and keep a low profile. The embassy also temporarily restricted access to Al Udeid Air Base, a major U.S. military installation in Qatar, as a precautionary measure.

The advisory was prompted by intensifying conflict between Israel and Iran, including Israeli airstrikes on Iranian nuclear and military targets and retaliatory missile attacks by Iran. The resulting closure of airspace over Israel, Jordan, Iran, and Iraq has led to widespread flight disruptions across the region.

American’s PHL-DOH route, operated with a Boeing 787-9 Dreamliner, was primarily designed to connect U.S. travelers to Qatar Airways’ vast network, leveraging the strategic partnership between the two oneworld alliance members. The route’s suspension marks the first time American Airlines has halted service to the Middle East for security reasons, and it follows similar actions by United Airlines, which has paused its Newark-Dubai flights, and Delta Air Lines, which has suspended service to Tel Aviv.

The heightened caution is also influenced by Qatar’s complex geopolitical position. The country shares ownership of the world’s largest natural gas field (North Dome/South Pars) with Iran and has been scrutinized for its support of groups such as Hamas and the Muslim Brotherhood, even as it hosts the U.S. military’s Al Udeid Air Base.

These factors, combined with the symbolic visibility of U.S.-flagged airlines, have contributed to the decision to suspend flights despite no immediate threat to the airport itself.

American Airlines has stated it will continue to monitor the situation closely, prioritizing the safety of passengers and crew, and will make further operational adjustments as needed. Travelers are advised to check with their airlines for the latest updates, as the security environment in the region remains highly volatile.