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GOL announces SMILES’ IPO

SAO PAULO, Brazil - GOL Linhas Aereas Inteligentes S.A., the largest low-cost and low-fare airline in Latin America, hereby informs that, on April 25, 2013, the bookbuilding process regarding the pri

Precision Air goes back to drawing board

(eTN) - The poor take up of the airline’s IPO in November, which raised only just over US$7 million instead of the anticipated nearly US$18 million they expected in their coffers at the end of the f

Precision Air’s IPO finally gets take-off clearance

(eTN) - Regulatory authorities in Tanzania have finally bowed to increasing pressure to allow Precision Air, a privately-owned airline of Tanzania and partner of Kenya Airways, to go ahead with their

Spirit Airlines plans $300M IPO to pay debt

Budget carrier Spirit Airlines Inc. has filed plans to hold an initial public offering. With IPO of up to $300 million the carrier is expected to retain about 50% of the net proceeds.

Hong Kong Airlines studying feasibility of IPO

Hong Kong Airlines Ltd., part of the city’s second-largest carrier group, is studying the feasibility of an initial public offering, President Yang Jiang Hong said.

Aviation news: Lebanon to delay Middle East Airlines IPO

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 Ri

Indian online travel agency soars 75% in IPO

NEW YORK - Shares of MakeMyTrip Ltd. soared 75% on Thursday as the Indian travel agency made its debut on the U.S. market, in another sign of strength for online travel booking services.

Precision Air plans IPO for late 2010

(eTN) Tanzania’s premier privately-owned airline,

Porter Aviation scraps IPO idea, will wait for markets to stabilize

Porter Aviation Holdings Inc. said it won't proceed with its proposed initial public offering due to volatile equity-market conditions.

Amadeus IT Holdings IPO to test investors’ appetite for Spanish-listed travel...

MADRID — Amadeus IT Holdings SA is set to price its initial public offering on Tuesday, testing investors' appetite for Spanish-listed travel stocks at a time when both the Spanish economy and globa

Lebanon national carrier plans IPO

BEIRUT — Lebanon plans to begin partially privatizing its national carrier this year, the company's chairman said Thursday, as carrier pushes ahead with plans to rebuild its image as one of the regi

Amadeus to make initial public stock offer to pay debts

At least 25 percent of Amadeus will be publicly traded when the company makes its initial public offering (IPO) of stocks in an attempt to raise US$1.23 billion so it can pay down its debt.

Tiger Airways said to plan IPO

Tiger Airways Holdings Pte, the budget carrier part-owned by Singapore Airlines Ltd., may raise about S$200 million ($143 million) in an initial public offering, according to a pre-marketing document.

Flybe planning IPO

LONDON - British budget airline Flybe and five oil companies are planning initial public offerings in London next year which are expected to value them collectively at 1.5 billion pounds ($2.46 billio

Saudi’s pilgrimage airline plans to go public within 2-3 years

JEDDAH - Saudi Arabia's first airline for pilgrims Alwafeer Air plans to hold an initial public offering within the next three years, its top official said on Saturday.

Philippine airline Cebu says IPO off, will take out loans

MANILA - Cebu Pacific, the Philippines' second-biggest airline, shelved plans for an IPO and will meet its financing requirements through loans and internally generated funds, its president said on Th

Polish airline LOT picks JP Morgan and UniCredit as IPO advisors

WARSAW - Polish national airline LOT picked JP Morgan and UniCredit as advisors in the carrier's initial public offering (IPO) planned for next year, Deputy Treasury Minister Joanna Schmid was quoted as saying.'LOT's management picked advisors in the company's public offering, and they are JP Morgan and UniCredit,' state newswire PAP quoted Schmid as saying.