Bloomberg: IPOX® Research Analyst Lukas Muehlbauer Comments on Etihad's IPO Potential

A recent article by Bloomberg Middle East correspondent Laura Gardner Cuestra discusses the potential IPO of Etihad Airways. According to the airline's CEO, Antonoaldo Neves, Etihad is prepared for a public listing whenever its shareholder, Abu Dhabi sovereign wealth fund ADQ, decides to proceed. While the carrier reported record profits last year and a listing could raise as much as $1 billion, Neves stated that the airline does not currently need the cash, indicating no immediate rush to market. The article notes that a listing would make Etihad the first major publicly-traded Gulf hub airline and comes amid expectations of renewed IPO activity in the Middle East.

IPOX® Research Analyst Lukas Muehlbauer, provided commentary for the article, highlighting the positive factors surrounding a potential Etihad IPO. Muehlbauer noted, "Etihad’s improved financial performance and strong growth plans make for a good turnaround story... The sentiment around airline IPOs in emerging markets have been very positive recently."

Bloomberg Terminal subscribers can read the full article here: https://blinks.bloomberg.com/news/stories/SVH7ADDWLU68