The fact of the matter is this – Avolon, Vietnam Airlines, IndiGo, Lion Air, Virgin America and others are all in various stages of heading towards an IPO. For the airlines now is the time, there is great reason for optimum with oil prices falling back even though the geopolitical situation is far from stable. But as in all things there is a mixed bag: Vietnam Airlines is still reeling from lost Chinese route business due to tensions between Vietnam and China and Virgin America has just seen its staff unionise. The company in a real race is IndiGo –

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