Flynas
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Posted On NewsFlynas attributes large quarterly loss to IPO costs
Saudi Arabian budget airline Flynas has reported a quarterly net loss of almost a billion riyals ($270 million). The airline attributed the loss to costs associated with its…
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Posted On NewsUnited Carton’s shares fall on Tadawul first day
Shares in United Carton Industries Company fell on their debut in Riyadh on Tuesday, making it the only Saudi company this year to end its…
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Posted On NewsPrince Alwaleed’s Flynas seeks $1.1bn in Saudi IPO
Saudi budget airline Flynas is looking to raise as much as SAR4.1 billion ($1.1 billion) in an initial public offering (IPO) that started this week to finance…
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Posted On NewsPIF-backed AviLease agrees Turkish Airlines rentals
Saudi Arabia’s Aircraft Leasing Company (AviLease) has signed long-term leases with state-owned Turkish Airlines for Airbus A320neo aircraft. Two of the aircraft have already been delivered, with the…
Liyana Parker
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