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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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