Indian GoAir LCC intends to raise money with IPO

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Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password Indian LCC GoAir Looks To Raise Money Through IPO is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what’s happening in the air transport community.

India’s GoAir is preparing to issue shares in the carrier through an initial public offering (IPO) while also seeking to rebrand itself. The LCC released a prospectus for the proposed share issue on May 14. The IPO is expected to raise INR36 billion ($489 million), although the current ownership… Credit: Rob Finlayson

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Source aviationweek.com

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