Air Arabia Closes Successful 10-Day Initial Public Offering
Air Arabia's 10-day initial public offering (IPO) was oversubscribed by 150%. The carrier's AED2.5 billion (US$680 million) represented 55% of the company's share capital and attracted 40,000 subscribers. Share allocation takes place April 8, with refunds for subscribers in the UAE set for April 11...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
