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Home » Companies » Saudi’s BIM Ventures Launches SKYNA, A Luxury Private Aviation Platform
Saudi’s BIM Ventures Launches SKYNA, A Luxury Private Aviation Platform
Saudi_s BIM Ventures Launches SKYNA A Luxury Private Aviation Platform

BIM Ventures has launched a Riyadh-based Private Aviation Platform called SKYNA, which offers customized private jet trips.

SKYNA allows customers to charter their preferred private aircraft on flexible dates and select their onboard comfort and hospitality level. 

The launch of SKYNA aligns with the National Strategy of the Aviation Sector, which aims to increase the number of annual passengers to 330 million across more than 250 destinations globally.

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What is SKYNA?

Image Credit BIM Ventures

SKYNA is a chartering platform that takes luxury travel to new heights. SKYNA is a gateway to unparalleled luxury and convenience in air travel. With years of expertise and a dedicated team, it has crafted a brand synonymous with opulence, accessibility, and the freedom to explore the globe.

It offers customizable trips, enabling clients to choose their preferred private aircraft type and select the comfort and hospitality services they wish to enjoy during their flight. This flexibility extends to scheduling and catering to urgent business meetings, special occasions, and other travel needs.

Exceptional Experiences with SKYNA

Image Credit Skyna

SKYNA is more than just a private aviation service. It’s a gateway to a world of exceptional experiences and unparalleled luxury. Every journey with SKYNA promises an exquisite experience with luxurious interiors, gourmet dining, and personalized service.

SKYNA’s Core Values

SKYNA guarantees luxury, privacy, safety & security, convenience, variety, and accessibility. These core values are embedded in its services, aiming to provide a seamless and unforgettable travel experience.

Luxury

Image Credit Skyna

SKYNA goes beyond the typical definition of luxury with its lavish interiors, gourmet dining, and personalized service. Every journey with them is crafted to be an exquisite experience.

“Luxury is not just about richness; it’s about an experience. And we at SKYNA strive to deliver that unique experience.” – CEO, SKYNA

Privacy

Image Credit Skyna

In the age of intrusive security checks and crowded boarding gates, SKYNA offers a breath of fresh air. With discreet boarding procedures and exclusive aircraft use, passengers can conduct their business or relax in complete seclusion.

Safety & Security

Image Credit Skyna

At SKYNA, your peace of mind is our top priority. Our unwavering commitment to safety and security standards ensures every flight is worry-free.

Convenience

Image Credit Skyna

From booking to takeoff, SKYNA’s mission is to eliminate the stress and complexity of air travel. With SKYNA, you can focus on what truly matters.

Variety

Image Credit Skyna

SKYNA offers a variety of aircraft options tailored to your specific needs. You’re in control of your travel experience.

Accessibility

Image Credit Skyna

Private jet travel shouldn’t be reserved for the privileged few. SKYNA believes in making luxury travel accessible to those who value time and comfort.

Aligning with National Strategies

SKYNA’s establishment aligns with the National Strategy of the Aviation Sector, launched in May 2022 by the Ministry of Transport and Logistics and the General Authority of Civil Aviation (GACA). 

This strategy aims to mobilize $100 billion from the public and private sectors by 2030, making it a leading player in the regional aviation sector. Moreover, it supports the transport of 330 million passengers across more than 250 destinations and aims to transport 45 million tons of air cargo by 2030.

GACA’s Policy Framework

Image Credit GACA

General Authority of Civil Aviation (GACA) announced a policy framework in October 2023 to boost competition, create open markets, and increase commercial relationships and pricing transparency. This initiative is expected to drive investment in the aviation sector, in line with the kingdom’s Vision 2030. 

The policy aims to level the playing field for global operators and investors, opening up airport revenue streams, offering ground handling and air cargo services licenses, and removing economic license requirements for charter flights for foreign carriers. The regulations will be rolled out over 18 months.

The Vision Behind SKYNA

Image Credit Skyna

SKYNA aims to provide a superior experience to its clients by offering a platform for chartering, scheduling customized trips as per their convenience, and allowing them to select their preferred private aircraft type.

SKYNA’s services flexibly cater to the diverse travel goals of private trips, official missions, and business travel. They can book dates at their convenience for business meetings, special events, and other travel purposes.

On this occasion, Mr. Mohamed Amine Merah, the Managing Partner and CEO of BIM Ventures, stated, 

“The private aviation sector is set to undergo significant development in line with the Kingdom’s vision to host global events such as the Riyadh Expo 2030 and global sporting events, which will boost growth in the tourism and aviation industries. Our entry into this crucial sector marks the first step towards building more ventures within the aviation industry.”

The Future of Private Aviation Industry

The private aviation industry is experiencing significant growth due to increased service demand from business executives and officials. Given Saudi Arabia’s strategic location, it’s set to become a central hub for international aviation and a crucial connection between the three continents.

Image Credit AviLease

To become a significant player in the international aircraft leasing sector, Saudi’s Public Investment Fund (PIF) purchased the aircraft leasing division of Standard Chartered for $3.6 Billion in 2023.

The PIF’s move to control the aircraft leasing division of Standard Chartered is being facilitated by AviLease, a company entirely owned by the PIF. This acquisition will create a robust business with a vast fleet of 167 aircraft leased to 46 airlines around the globe.

Saudi Arabia’s move into aircraft leasing clearly indicates the nation’s ambitions to diversify its economy and strengthen its Aviation Industry.

The Growth of Saudi Arabia’s Aviation Industry

Image Credit Riyadh Air

Launched in March 2023, Riyadh Air, the kingdom’s second flag carrier, will focus on the niche market of flights to and from Riyadh as the Kingdom emerges as a tourism hub by connecting to more than 100 destinations by 2030.

Focusing on point-to-point flights, the airline is poised to provide travelers with a unique and luxurious experience while catering to the local population.

The launch of Riyadh Air is a testament to Saudi Arabia’s commitment to diversifying its economy, strengthening Saudi’s aviation industry, and enhancing its tourism sector. 

Image Credit Flynas

Additionally, in a significant move towards Saudi’s sustainable global tourism, Flynas, the leading Saudi and global low-cost carrier, has become the 1st Saudi airline to join the United Nations World Tourism Organization (UNWTO) as an affiliate member. 

These ventures aim to boost Saudi’s aviation industry and fortify its commitment to sustainable global tourism, aligning with its sustainability strategy and the Kingdom’s vision for the future of the travel sector.

Riyadh Expo Anticipation

Image Credit Riyadh Expo 2030

Additionally, the upcoming Riyadh Expo 2030 is also expected to attract tens of millions of visitors worldwide, increasing the demand for travel and accommodation services in the Kingdom.

These efforts aim to promote the continuous growth of the tourism sector and contribute to the Kingdom’s 2030 Vision of developing a sustainable economy and diversifying sources of income.

Redefining Private Aviation

The launch of SKYNA is a significant step towards building more ventures within the aviation industry. It presents promising investment opportunities and aims to drive growth in the local economy.

With its focus on luxury, convenience, and flexibility, SKYNA is set to redefine private aviation in Saudi Arabia and beyond.

Keep Reading: The PIF Agrees to Purchase Standard Chartered’s Aircraft Leasing Division for $3.6 Billion

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