Loading
3-Mar-2011 1:13 PM

Porter Airlines to revisit possible IPO

Porter Airlines announced plans to explore a possible IPO or to seek financing from private equity and institutional investors in Mar-2011 (Globe and Mail, 01-Mar-2011). In Apr-2010 Porter attempted to raise USD120 million through an IPO but postponed the offering after a muted reception from investors. Porter CEO Robert Deluce stated this time around the chances are better as the economy has rebounded and travel demand is up.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More