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| 12 January, 2017

Kingdom Holding announces Flynas's airline $8.6 bln deal with Airbus

Flynas, in which KHC owns a 34.08% stake, finalizes a $8.6 billion deal with Airbus for the purchase of new aircrafts.

12 January 2017
Flynas 34.08% Owned by KHC

Kingdom Holding Company (KHC), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud announces that Flynas in which KHC owns a 34.08% stake, finalizes a $8.6billion deal with Airbus for the purchase of new aircrafts. The ceremonial event will take place on Monday 16th January 2017.

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About Kingdom Holding Company:
Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player regionally and internationally.

© Press Release 2017