Cabym's Weblog

the Reference blog for financial investment in Lebanon

Archive for Middle East Airlines

Lebanon to Delay IPO of Middle East Airlines, Central Bank’s Salameh Says

Lebanon will delay an initial public offering of shares in national carrier Middle East Airlines that was due by the end of this year because of unfavorable market conditions, Central Bank Governor Riad Salameh said.

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Lebanon’s MEA ranks 18th carrier in world.

The prestigious Air Transport World magazine ranked Middle East Airlines (MEA) the 18th carrier in the world in terms of net profits in 2008.

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