20-Sep-2010 3:42 PM
Spirit files for USD300m IPO; Cebu IPO approved for Oct-2010; Spring Airlines planning 2011 IPO
Analysis
So far this month, three LCCs have announced IPO plans: US ultra-LCC Spirit Airlines, the Philippines' Cebu Pacific and China's Spring Airlines. Several carriers, including Garuda Indonesia, Hong Kong Airlines and Middle East Airlines have also announced IPO news this month.
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