BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce the placement of three new Airbus A320CEO aircraft to Saudi Arabian carrier Saudi Arabian Airlines (“Saudia”), all of which are scheduled for delivery in 2018. The aircraft will be operated by Saudia’s low cost subsidiary, flyadeal (“flyadeal”).

“We are pleased to add Saudia as a new customer and to work with its exciting low-cost unit, flyadeal, as it continues its rapid expansion,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “Demand for low cost travel is expanding rapidly in the Middle East and flyadeal is well-placed to capitalise on this trend.”

Mr. Con Korfiatis, CEO of flyadeal said, “flyadeal commenced flying a year ago with the focus of providing low airfares in the Kingdom of Saudi Arabia. The strong and positive response we have seen is key to our fleet growth and network expansion. We are pleased to be working with BOC Aviation to add three new Airbus A320CEOs to our fleet. This brings our total commitment to 11 new Airbus A320 CEO aircraft – a great achievement for our first year of operation.”