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Flynas lines up SAR 504 mn facility as shares remain below IPO price
The 12-year facility will go toward funding the delivery of Airbus A320neo aircraft
Flynas’ bottom line takes slight dip in 2Q in the wake of IPO costs
PLUS: Earnings from Kingdom Holding, MBC Group, Saudi Electricity Company, and more
The Kingdom sees air carrier + airport complaints climb in June
Budget carrier flynas and King Khaled International Airport logged the lowest complaint rate during the month
Sepco3 awarded contract for Yanbu wind project
ALSO- Flynas will launch three direct weekly flights between Jeddah and Prishtina in Kosovo
Saudi Arabia sees air carrier + airport complaints inch up in May
Flynas and King Khaled International Airport logged the lowest complaint rate during the month
Flynas slides on Tadawul debut amid geopolitical tensions
The turbulence came despite a stellar USD 4.1 bn IPO, which wrapped up last week
Flynas’ retail offering 3.5x covered, set to be largest IPO since Aramco
It’s the first airline to IPO in the region in nearly two decades
Flynas is adding more routes to Damascus
AND- Enaya and Salama plus Nama Chemicals make progress with their mergers and acquisitions
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