Lufthansa Technik and NAS-Holding of Saudi Arabia are expanding their relationship. Since the two companies signed a 10-year cooperation agreement in September 2010 Lufthansa Technik has supported NAS’s technical business, NAS-Tech, in developing capacity for maintenance and smaller overhauls. Lufthansa Technik has also taken over maintenance services for the engines and components of the entire NAS fleet.
NetJets terminated its franchise agreement for Middle East fractional aircraft services with National Air Services (NAS) of Saudi Arabia this week. NAS CEO Sulaiman Al-Hamdan conveyed the news to NAS employees in an email on Monday, while promising that the company’s business would continue as is.
Fractional-operator NetJets has terminated its franchise agreement regarding fractional services with National Air Services (NAS) of Saudi Arabia, AIN learned today.
Saudi Arabia’s National Air Services (NAS) signed an agreement yesterday to buy four Dassault Falcon 2000LX business jets plus options for an additional 16 airplanes in a deal potentially worth more than a half billion dollars.