Saudi Airlines mulls dates for Cargo, Ground Services IPOs

04/03/2015 Argaam

Saudi Airlines is currently mulling an appropriate time to launch initial public offerings (IPO) for Saudia Cargo Company and Saudi Ground Services Company, said Saleh Al Jasser, general manager.

Saudia Aerospace Engineering Industries Company (SAEI) is also being upgraded in preparation for its IPO and its listing in the kingdom’s stock market, he added.
 

​Saudi's flag carrier decided in 2012 to list six units in the bourse, with Airlines Catering Company 
being its first​, 

according to data available on Argaam.

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