Follow @AirwiseNews

Saudi Arabian Airlines News Stories

New Saudi Airline Licenses May Take 6 Months

December 31, 2012

Foreign airlines may need about three to six months to obtain operating licenses letting them enter Saudi Arabia's domestic aviation market, a spokesman for the General Authority for Civil Aviation (GACA) said.
Read story

Saudi Awards Qatar, Gulf Air Local Licenses

December 28, 2012

Saudi Arabia's General Authority for Civil Aviation has awarded carrier licenses to Gulf Air and Qatar Airways, the Saudi state news agency reported on Friday, the first foreign airlines to win such a license in the kingdom.
Read story

Saudi Arabia To Allow Air Fare Rises

December 17, 2012

Saudi Arabia will review fuel prices and give its civil aviation body powers to allow fare increases as it struggles to move towards an open-skies policy, the country's information minister said.
Read story

Saudi Arabia Postpones Aviation License

November 28, 2012

Saudi Arabia's General Authority for Civil Aviation (GACA) has postponed awarding a new carrier license until the end of this year as it needs more time to evaluate the bids, it said in a statement on Wednesday.
Read story

Saudi Airlines Unit Picks HSBC For IPO

September 11, 2012

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

Qatar, Bahrain Carriers Eye Saudi Skies

July 23, 2012

Qatar Airways, Bahrain Air and Gulf Air are among the firms in pre-qualified consortia bidding for a new airline license in Saudi Arabia, an official from the General Authority for Civil Aviation said.
Read story

Saudi Airlines Catering Unit Lists On July 9

July 5, 2012

Saudi Airlines Catering will begin trading on the kingdom's stock exchange on July 9, a bourse statement said, after completing a 30 percent initial public offering which was more than twice covered by investors.
Read story

Saudi Catering Unit IPO Seeks USD$350 Mln

June 18, 2012

The catering unit of Saudi Arabian Airlines is seeking to raise SAR1.3 billion riyals (USD$350 million) by floating 30 percent of its shares, the prospectus showed as the initial public offer opened to retail investors on Monday.
Read story

Saudi Airlines Gets Catering Unit IPO OK

May 28, 2012

Saudi Arabia's Capital Market Authority (CMA) has given approval to Saudi Arabian Airlines for an initial public offering of 30 percent of its catering unit, the regulator said in a bourse statement.
Read story

TAV Wins USD$800 Mln Saudi Tender

April 18, 2012

Turkey's TAV Construction has won a tender worth USD$800 million to design, build and operate an aircraft hangar facility at King Abdul Aziz Airport in Jeddah, the company said in a statement on Wednesday.
Read story

Rolls-Royce Reports USD$500 Million Saudi Order

November 13, 2011

Rolls-Royce has won an engine order worth up to USD$500 million from Saudi Arabian Airlines, the British company said on Sunday.
Read story

Saudi Aviation Changes May Speed Up Carrier Sale

November 7, 2011

Saudi King Abdullah ordered the establishment of an independent civil aviation authority and put its head in charge of the board of Saudi Arabian Airlines, a move that could help speed up the sale of the national carrier.
Read story