A Saudi investment group, Kingdom Holding Company, is eying an ownership stake in Global Airlines (London City). New investment from the Middle Eastern conglomerate would enable the British start-up to grow its A380-800 fleet from one to four aircraft, Aviation Week reported citing a source familiar with the matter.

The company confirmed on its LinkedIn profile that it is “in talks with various organisations about our future” regarding various segments of its business, including finance. However, it did not confirm whether…

Source: ch aviation
Read more: UK's Global Airlines seeks Saudi funds – report