Bloomberg: IPOX® Research Associate Dr. Lukas Muehlbauer Comments on Flynas Debut Amid Regional Risks
In a Bloomberg News article covering the volatile trading debut of Saudi Arabian airline flynas, IPOX® Research Associate Dr. Lukas Muehlbauer provided commentary on the company's resilience in the face of increased regional instability.
The article details the turbulent start for Flynas shares on the Riyadh exchange, which saw significant price swings attributed to the escalating conflict between Israel and Iran that has impacted regional markets. Despite the challenging market conditions, the airline's $1.1 billion IPO drew substantial interest, with an order book exceeding $100 billion.
Dr. Muehlbauer was quoted on the factors that could help Flynas navigate the geopolitical landscape. He suggested that the airline's strong domestic focus, driven by consistent demand for leisure and religious pilgrimage travel, offers a degree of stability. Furthermore, its base in Saudi Arabia, the world's largest oil producer, may insulate it from the fuel price volatility that poses a significant challenge to other carriers.
Read the full article here:
https://www.bloomberg.com/news/articles/2025-06-18/saudi-arabia-s-flynas-falls-in-ipo-debut-amid-conflict-jitters
Article by Laura Gardner Cuestra
