Saudi budget airline Flynas pushes ahead with IPO, picks Morgan Stanley

Saudi budget airline Flynas pushes ahead with IPO, picks Morgan Stanley

Photo: Flynas' Facebook page

Saudi budget airline Flynas, part owned by Saudi billionaire Prince Alwaleed Bin Talal’s firm, is pressing ahead with an initial public offering and has selected Morgan Stanley to work on it, sources familiar with the matter told Reuters on Thursday.

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