Launch time
Flynas IPO oversubscribed by nearly 100 times before trading
The carrier's largest shareholders are Prince Alwaleed bin Talal’s Kingdom Holdings and the government’s Public Investment Fund
Nicolas Kovarik/IP3/Getty Images
Saudi Prince AlWaleed bin Talal's Kingdom Holdings is the largest shareholder in Flynas
Share 
The $1.1 billion IPO for Saudi Arabia’s Flynas low-cost airline has reached the runway and is ready for take-off after the offering to institutional investors was nearly 100 times oversubscribed.
The carrier, whose largest shareholders are Prince Alwaleed bin Talal’s Kingdom Holdings and...