Juneyao Airlines IPO to launches next week

Dino D'Amore
By Dino D'Amore May 12, 2015 10:46

Juneyao Airlines IPO to launches next week

Chinese carrier Juneyao Airlines is hoping to raise 715.5 million yuan by selling 68 million A shares in an initial public offering (IPO) on the Shanghai Stock Exchange, which launches next week. Proceeds will be used to fund its fleet expansion since intends to buy up to seven A320s and two spare engines.

Dino D'Amore
By Dino D'Amore May 12, 2015 10:46