Tag Archives: 40%

Sav announced a strategic alliance with Travelwings.com to reinforce its “Save Now, Buy Later” approach, encouraging users to plan financially responsible travel while avoiding the pitfalls of high-interest credit. This collaboration allows Sav users to earn up to 7% value-back on travel bookings with Travelwings.com when they achieve their travel savings goals. It enhances Travelwings.com’s engagement with financially conscious travelers, optimizing inventory planning, and offering deeper insights into customer needs. The UAE has seen nearly 40% rise over the past decade in individuals overleveraged on credit, with some paying interest rates of up to 30% on missed payments. Sav’s model offers a financially sustainable alternative, encouraging users to save in advance toward travel goals, enjoy debt-free vacations, and build disciplined savings habits with rewarding outcomes. “We are thrilled to partner with Travelwings.com, to blend our innovative financial solutions with their exceptional travel offerings,” said Mithil Ajmera, Chief Operating Officer at Sav. “This collaboration not only rewards users for smart financial planning but also deepens engagement and loyalty for both brands. Together, we’re setting a new standard for responsible spending that benefits users now and in the future.” Users can visit the webpage featuring their desired travel package to access these benefits. Each package page includes the option to use Sav for savings. Users can fill in the required details and scan a QR code to create their travel savings goal. “Partnering with Sav allows us to provide a travel experience that aligns with our customers’ financial well-being,” said Albert Fernando, Chief Executive Officer and Founder at Travelwings.com. “With Sav’s support, our customers can plan ahead, save, and enjoy exclusive benefits without incurring high-interest credit.” As Sav and Travelwings.com continue to explore …

SAUDIA Group is continuing to implement its operational plan for 2023 by boosting its international presence and market share by increase its seating capacity by 40% on high-demand destinations. The ambitious plan aims to expand SAUDIA’s network, connect international visitors with the Kingdom, and strengthen Saudi’s tourism, Hajj, and Umrah sectors. The plan also includes an increase in domestic flights and seating capacity. SAUDIA has allocated over 25.3m seats for international flights in 2023 across almost 90,000 flights, up 40% from 2022. Similarly, seating capacity on domestic flights for 2023 has been increased by about half a million seats to reach over 17.8m seats, with the total number of domestic flights exceeding 102,100. The update to the company’s flight schedule and operations are designed to meet growing customer demand and further increase convenience in flight schedules throughout the year, and in particular during demand-peak seasons. Captain Ibrahim Koshy, CEO of SAUDIA, said: “We plan to build on SAUDIA’s operational success of last year with a strategic plan that further enhances SAUDIA’s reputation for meeting our guests’ needs and delivering performance excellence. Since the beginning of the new year, we have seen steadily increasing demand on already-popular routes. By expanding capacity and enhancing flight schedules SAUDIA is able to offer increased flexibility to customers and better manage its operational requirements in light of the significant challenges facing the aviation industry.” SAUDIA’s operational plan also features a number of new additions to its fleet. New Boeing B787 Dreamliner aircraft, with 24 business class seats and 333 economy class seats, will join SAUDIA’s fleet in 2023, along with the latest Airbus A321NX aircraft, that offer 20 business class seats and 168 economy class …