Monday 24 July 2017
Saudi airline

Saudi airlines unit picks HSBC for IPO

  Saudi Ground Services, a unit of national carrier Saudi Arabian Airlines, has hired HSBC Holdings to advise it on a planned initial public offering (IPO) of 30 percent of its shares, banking sources told Reuters. &


Qatar Airways mulls Saudi airline launch

Qatar Airways, the fast-growing Gulf carrier, said it wants to launch a new airline based in Saudi Arabia and is keen to invest in the kingdom's domestic aviation sector. Chief executive Akbar Al Baker has had talks with Prince Fahad b


Airbus wins $890m Saudi Airlines order

European planemaker Airbus won an order from Saudi Arabian Airlines for four additional A330-300 wide-body aircraft, taking the carrier's total order for the plane to 12. The order, announced at the Paris Air Show on Monday, is worth $

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