From
To
Depart on
Return on
+ Adults Above 11 -
+ Kids 2-11 Years -
+ Infants 0-2 Years -

Pick up

Country
City
Location

Drop Off

Date
+ Time hour -
 :
+   minute -
Date
+ Time hour -
 :
+   minute -
Destination
Check in Date
03 Sep 2013
Check out Date
03 Sep 2013
 

News & Updates

NAS Holding Appoints Saudi Fransi Capital IPO Advisor

30 Apr 2013

National Air Services (NAS Holding) announced the appointment of Saudi Fransi Capital as Financial Advisor for its planned Initial Public Offering (IPO). Mr. Ayed Al Jeaid the Chairman of NAS Holding stated “NAS is a pioneer in aviation services in the region. It has grown continuously since its inception in 1999 and it has managed to capture a significant and growing market share in all of its markets, mainly due to its involvement in diversified and complementary aviation businesses.”.

News004

National Air Services (NAS Holding) announced the appointment of Saudi Fransi Capital as Financial Advisor for its planned Initial Public Offering (IPO). Mr. Ayed Al Jeaid the Chairman of NAS Holding stated “NAS is a pioneer in aviation services in the region. It has grown continuously since its inception in 1999 and it has managed to capture a significant and growing market share in all of its markets, mainly due to its involvement in diversified and complementary aviation businesses.”.
 
Al Jeaid added “the next phase of the business expansion involves a significant growth in our operations, primarily through the development of the group investments and an increase in the size of the company fleet. The Shareholders decided to increase the capital of the company through an Initial Public Offering and appointed Saudi Fransi Capital as its’ Financial Advisor”.
 
In this regard, Mr. Sulaiman Al-Hamdan, NAS Holding Group CEO said “the Initial Public Offering is a major step forward and is part of our strategy of expanding the shareholder base and sharing our investments, activities and revenues with Saudi citizens. This will in turn sustain the growth in company profitability and help expand its operations.” He added “we are all confident that Saudi Fransi Capital, with its reputation as one of the leading Financial Advisors in the Saudi Market, is the best partner to lead the NAS IPO. We will strive to achieve our targeted objectives from this process which will bring value to citizens and investors in theSaudi Stock Market”.
 
Al-Hamdan added “one of the most important objectives of NAS Holding is to be a major pillar of the Saudi economy through its concerted efforts in Saudization of technical, managerial and operational jobs and to open new job opportunities to young Saudis who prove to be competent by all standards. The Group is also aiming at increasing the number of aircraft, opening new destinations, expanding its operations to cover all Saudi domestic airports and demonstrate its national presence as a Saudi National Carrier through its flagship company “nasair” and its sister companies; NASJet for private aviation, NAS Charter Aviation for Hajj &Umrah transportation and NASTECH the aircraft maintenance and engineering arm of the group.
 
Mr. Yasir O. Al Rumayyan, Managing Director of the Saudi Fransi Capital said "We would like to thank NAS and its shareholders for selecting Saudi Fransi Capital as their Financial Advisor. We are honored to be chosen as NAS partner during the next phase of its growth. NAS offers a critically important service to the Kingdom of Saudi Arabia by facilitating business and leisure travel within the Kingdom and to certain international destinations. This proposed listing of NAS will be a new addition to the Saudi Stock Exchange, as the first company in the aviation sector. We look forward to bringing NAS to the Saudi Stock Market and enabling the public to share in its growth story. Our appointment is a testament to the confidence placed in our capabilities and positioning in the Saudi Capital Markets. "
 
National Air Services (NAS Holding)
Was established in 1999 when Fractional Jet ownership program was introduced with 18 aircraft currently in operation. In 2001, Aircraft Management Services was established to provide customized management solutions for aircraft owners. It has signed management & operations contracts of 60 governments, corporate and private aircraft. Later in 2010 NasJet Company was introduced to offer both Private Aviation & Aircraft Management services with total of more than 70 aircraft owned, managed and operated.
 
In 2007, nasair, the national carrier and first Saudi Arabian low cost airline was launched currently flying to 30 domestic & international destinations with 18 aircraft. In 2010, restructuring of NAS Maintenance center that was established in 2001 resulted in the announcement of NASTECH or aircraft Maintenance & Engineering that signed a strategic cooperation agreement with International Lufthansa Technik in 2010. NAS Charter Aviation was established at the beginning of 2011 to be among the biggest operators in the field of Hajj &Umrah transportation from/to Saudi Arabia.
 
About Saudi Fransi Capital:
Saudi Fransi Capital is an investment company Licensed by the Capital Market Authority (CMA), License No. (11153/37) C.R. 1010231217 that offers a variety of different products and services in the areas of financial brokerage in the local and global stock markets, investment services, IPO’s, mergers and acquisitions, valuation, restructuring, and selling of products and services of asset management to all clients in the Kingdom. Our in house team is managing our product range with a focus on the local & global markets and Sharia compliant products and will continue launching new products to bring the latest innovations to Saudi investors.
 
Saudi Fransi Capital exerts the best possible efforts to deliver the best services, strengthen the long-term relationship with its clients, and enhance their role in the investment process and its role as a financial advisor, and it will strive and continue to deliver good investment performance and quality of services to the clients.