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Yemeni Attacks Slash Saudi NAS Air Profit to $27 Million

Yemeni military actions targeting Saudi Arabia’s aviation infrastructure have significantly impacted NAS Air, reducing its quarterly profits to 27 million Saudi riyals, a sharp decline from 120 million riyals in the same period last year.

According to the International Desk of Webangah News Agency, the CEO of Saudi Arabia’s NAS Air has highlighted the severe consequences of disruptions at Riyadh Airport, stating that the facility’s closure, which accounts for 50% of the airline’s operational capacity, necessitated the redirection of flights to other airports.

He further elaborated that these disruptions have led to a reduction in the company’s operational activities, consequently lowering NAS’s profits to 27 million Saudi riyals. This figure stands in stark contrast to the 120 million Saudi riyals profit recorded during the corresponding period of the previous year.

The CEO of NAS also issued a warning, indicating that uncertainty surrounding the resumption of operations at Riyadh Airport will negatively affect fourth-quarter financial results and has put the company’s projections for 2026 on hold.

In recent weeks, the Yemeni army has launched missile and drone attacks against various airports in Saudi Arabia, including Riyadh International Airport, as well as the airports in Abha and Dammam, as part of its retaliatory operations. These attacks have caused disruptions to air traffic and led to the suspension of operations at some airports. Reports indicate the cancellation and rerouting of numerous flights, along with the suspension of services by some airlines to Riyadh.

©‌ Webangah News, Mehr News Agency

English channel of the webangah news agency on Telegram
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