Airline

Saudia confirms IPO hopes

By Dino D'Amore Apr 26, 2016 1 mins read

Saudi Arabian Airlines has confirmed it is planning an initial public offering (IPO) but has not yet indicated how much of the airline it plans to list or when. Director general Saleh Al Jasser commented that the IPO is part of a five-year strategy to make the airline profitable by 2020. Rather than...

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