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Flyadeal airline wins 2018 CAPA Asia Pacific Start-up of the Year award

Posted 9 November 2018 · Add Comment

Flyadeal, Saudi Arabia’s Everyday Low Fares airline and the Kingdom’s third-largest carrierhas received international recognition in winning the CAPA Asia Pacific Start-up of the Year Award for 2018.

 

CAPA is one of the world’s most trusted sources of market intelligence for the aviation and travel industry and their Awards for Excellence are intended to reward airlines and airports that are not only successful but have also provided industry leadership in adjusting to a new environment.

A senior CAPA source explained that Flyadeal was selected for its highly successful launch and innovative marketing strategy. Particular credit was given for recognising the market was ready for a true LCC and that the model has worked, stimulating demand and capturing high load factors from the first day with a strong following particularly among young Saudis. CAPA took the view that the airline’s marketing campaigns had successfully educated customers about its low fares no frills approach and resulted in very strong brand recognition

Peter Harbison, the chairman of CAPA said:  “Flyadeal is off to great start and is already succeeding in a challenging market where others have failed.” He added, “The new LCC is poised for future rapid growth given its strong position in Saudi Arabia’s rapidly growing market, where there is huge pent up demand at the bottom end, and its affiliation with a reinvigorated Saudia.” 

Con Korfiatis, Flyadeal CEO said: “Being recognised by a globally respected international body is a fantastic achievement for the airline and this is due to the passion, dedication and hard work of over 400 flyadeal staff … something the whole team is proud of. Everyday low fares have arrived in Saudi Arabia and our journey so far as a young airline is proof that there is a huge market for our product here and beyond.”

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