History Sama (airline)







sama founded in march 2007 investment enterprises ltd, chaired bandar bin khalid al faisal. initial investment received 30 major saudi private , institutional investors including olayan financial co, xenel industries ltd, saudi industrial services co, sara development company ltd , modern investment company trade , industries. airlines focusing on domestic flights, expanded serving international destinations during 2008. major restructuring occurred during 2009 when airline s timetables optimized towards high aircraft utilization, in attempt improve financial results of company (which saw unprofitable routes being dropped, , frequencies successful destinations being increased).


on 24 august 2010, airline forced shut down because of budgetary constraints arising out of poor funding, had resulted in 266 million u.s. dollar loss.








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