China Express Airlines seeks to become eighth listed airline in China

China Express Airlines filed (03-Feb-2017) its IPO prospectus with China Securities Regulatory Commission on 20-Jan-2017, with plans to issue no more than 40.5 million shares. Funds from the IPO will be used to expand its business operations, including the purchase of aircraft, engines and construction of training schools. If successful, China Express Airlines will become the eighth publicly listed airline in China. [more - original PR - Chinese]