Wednesday 06, June 2012 by Robin Amlôt
Saudia takes planning second privatization, plans IPO for Ground Services
Saudi Arabian Airlines has confirmed that it will be proceeding with an IPO of its Ground Services Company. The firm’s Director General Khaled al-Mulhim told Dubai-based Al Arabiya, “The closest company that is ready for an IPO is Saudi Ground Services...we've already started preparing the company structurally and legally."
