newstodate.aero
Apr 12, 2007 (newstodate): Saudi Arabian Airlines has decided to privatise its cargo business before the end of this year.
The airline is currently inviting potential investors to express their interest in purchasing a maximum 49 percent share in the cargo unit with April 15, 2007, as the deadline.
The airline's cargo unit is one of the three largest in the Middle East, with USD 400 million worth of turnover generated in 2006, an increase by five percent, y-o-y.
The airline is currently inviting potential investors to express their interest in purchasing a maximum 49 percent share in the cargo unit with April 15, 2007, as the deadline.
The airline's cargo unit is one of the three largest in the Middle East, with USD 400 million worth of turnover generated in 2006, an increase by five percent, y-o-y.