Golden Falcon, a special purpose acquisition company, said it would merge with MNG Airlines in a US $676 million deal that will see the logistics and e-commerce carrier get a public listing on the New York Stock Exchange in early 2023. Operating 3,500 flights a year to four continents, MNG revenue grew in 2021 by 39% to US $353 million, according to a statement announcing the deal, with a net income of US $61 million and earnings (EBIDTA) of US $116 million. Golden Falcon is led by Makram Azar, a former Barclays executive, and Scott Freidheim, who ran Europe operations
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