nasair looking at IPO in two to three years
Saudi-based LCC nasair is looking towards the possibility of an IPO as early as 2012 or 2013. The carrier, now Saudi Arabia’s sole LCC after the failure of Sama in Aug-2010, expects to move into profitability in 2011 and from there progress towards an IPO. [1140 words]
Unlock the following content in this report:
- From start-up to break-even
- Finishing 2010 with a flourish
- A new base for nasair
- Sama falls by the wayside, nas picks up the pieces
Graphs and data:
- nasair route map
- nasair top route pairs: Week commencing 14-Dec-2010
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