Virgin Australia, currently majority-owned by Bain Capital (US), is actively preparing for a significant transition back to public trading through an Initial Public Offering (IPO) on the Australian Securities Exchange (ASX). This week, Virgin Australia executives are scheduled to meet with potential investors to discuss the upcoming IPO and outline the airline’s strategic direction and financial…
flynas, a leading low-cost airline based in Saudi Arabia, is gearing up for a significant financial move by planning to float on Riyadh’s stock exchange. The airline has announced its intention to offer a 30% stake in its initial public offering (IPO).
Kenya Airways, the national carrier of Kenya, has resumed trading its shares after a suspension that lasted nearly five years. The suspension was initially implemented as part of a comprehensive restructuring effort to revive the struggling airline and address its financial challenges. The process aimed to reduce the airline’s reliance on state resources and restore its…
