Flynas IPO: Saudi airline to list 30% of shares

Saudi Arabia’s Flynas Considers Seeking About $1 Billion in IPO

Saudi Arabia’s Flynas, backed by billionaire Prince Alwaleed bin Talal, is considering seeking about $1 billion from its initial public offering, according to people familiar with the matter.

Flynas IPO: Saudi airline to list 30% of shares

Low-cost carrier is first airline to be listed on Tadawul stock exchange

Saudi Arabia's flynas announces IPO in Saudi Arabia

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Flynas Partners with Safran to Equip 60 A320neo Aircraft with Next-Generation Seats

Riyadh, May 7 - In a significant move to elevate the passenger experience and reinforce its position as a leading low-cost carrier, Saudi Arabia-based flynas has signed a Memorandum of Understanding (MoU) with Safran, a globally renowned French aerospace equipment manufacturer, to equip its forthcoming fleet of 60 Airbus A320neo aircraft with state-of-the-art seating. The agreement, formalized during the Arabian Travel Market (ATM) in Dubai from…

flynas IPO Takes Off: Saudi Budget Airline to List 30% Stake Amid Growing Investor Interest

Gulf’s airline sector is back in investor spotlight with flynas – will others follow? The next IPO in Saudi Arabia is ready to fly. The budget airline, flynas, will offer retail investors up to 20% through the stock market float, adding another airline in the GCC on the route to going public. The Saudi airline will offer 30% of its capital. The retail investor subscription opens May 28,with the institutional book-building process to be completed…

Profitable Flynas to launch IPO this month

Low-cost carrier Flynas will launch a share sale on the local stock exchange this month in the latest in a series of initial public offerings (IPOs) by Saudi companies. The subscription to the will run from May 28 to June 1, 2025, according to the company’s prospectus. The airline, partly owned by billionaire Prince Alwaleed Bin Talal, is selling 51.3 million shares or 30 percent of its stock on the main market. It received approval from the Sau…