Tag: IPO

Airbnb’s acquisition of Hotel Tonight increases its appeal ahead of eventual IPO

Chief Assignment Editor Chief Assignment Editor- March 8, 2019 17:15

On March 7, 2019 that San Francisco-based travel giant, Airbnb announced that its has agreed to acquire Hotel Tonight. Following the announcement, Nick Wyatt, Head of R&A, Travel & Tourism ... Read More

Texas is latest US state to blacklist Airbnb for anti-Israel actions

Chief Assignment Editor Chief Assignment Editor- March 6, 2019 18:25

Texas is adding home sharing firm Airbnb to a short list of companies that cannot receive state investments because it removes Israeli-owned rentals in the controversial West Bank. Airbnb is ... Read More

Opportunity for tourism investors

editor editor- December 20, 2018 21:22

The very first luxury travel enterprise in Vietnam is going to IPO. Read More

GOL announces SMILES’ IPO

editor editor- April 27, 2013 02:29

SAO PAULO, Brazil - GOL Linhas Aereas Inteligentes S.A., the largest low-cost and low-fare airline in Latin America, hereby informs that, on April 25, 2013, the bookbuilding process regarding the ... Read More

Precision Air goes back to drawing board

editor editor- December 8, 2011 09:33

(eTN) - The poor take up of the airline’s IPO in November, which raised only just over US$7 million instead of the anticipated nearly US$18 million they expected in their ... Read More

Precision Air’s IPO finally gets take-off clearance

editor editor- September 5, 2011 07:04

(eTN) - Regulatory authorities in Tanzania have finally bowed to increasing pressure to allow Precision Air, a privately-owned airline of Tanzania and partner of Kenya Airways, to go ahead with ... Read More

Spirit Airlines plans $300M IPO to pay debt

editor editor- September 20, 2010 02:07

Budget carrier Spirit Airlines Inc. has filed plans to hold an initial public offering. With IPO of up to $300 million the carrier is expected to retain about 50% of ... Read More

Hong Kong Airlines studying feasibility of IPO

editor editor- September 10, 2010 01:53

Hong Kong Airlines Ltd., part of the city’s second-largest carrier group, is studying the feasibility of an initial public offering, President Yang Jiang Hong said. Read More

Aviation news: Lebanon to delay Middle East Airlines IPO

editor editor- September 8, 2010 05:43

Lebanon will delay an initial public offering of shares in national carrier Middle East Airlines that was due by the end of this year because of unfavorable market conditions, Central ... Read More

Indian online travel agency soars 75% in IPO

editor editor- August 13, 2010 01:43

NEW YORK - Shares of MakeMyTrip Ltd. soared 75% on Thursday as the Indian travel agency made its debut on the U.S. market, in another sign of strength for online ... Read More

Porter Aviation scraps IPO idea, will wait for markets to stabilize

editor editor- June 3, 2010 04:18

Porter Aviation Holdings Inc. said it won't proceed with its proposed initial public offering due to volatile equity-market conditions. Read More

Amadeus IT Holdings IPO to test investors’ appetite for Spanish-listed travel stocks

editor editor- April 27, 2010 03:54

MADRID — Amadeus IT Holdings SA is set to price its initial public offering on Tuesday, testing investors' appetite for Spanish-listed travel stocks at a time when both the Spanish ... Read More

Lebanon national carrier plans IPO

editor editor- April 9, 2010 04:31

BEIRUT — Lebanon plans to begin partially privatizing its national carrier this year, the company's chairman said Thursday, as carrier pushes ahead with plans to rebuild its image as one ... Read More

Amadeus to make initial public stock offer to pay debts

editor editor- March 27, 2010 04:58

At least 25 percent of Amadeus will be publicly traded when the company makes its initial public offering (IPO) of stocks in an attempt to raise US$1.23 billion so it ... Read More

Tiger Airways said to plan IPO

editor editor- December 17, 2009 06:43

Tiger Airways Holdings Pte, the budget carrier part-owned by Singapore Airlines Ltd., may raise about S$200 million ($143 million) in an initial public offering, according to a pre-marketing document. Read More

Flybe planning IPO

editor editor- November 30, 2009 06:07

LONDON - British budget airline Flybe and five oil companies are planning initial public offerings in London next year which are expected to value them collectively at 1.5 billion pounds ... Read More

Saudi’s pilgrimage airline plans to go public within 2-3 years

editor editor- October 12, 2009 04:14

JEDDAH - Saudi Arabia's first airline for pilgrims Alwafeer Air plans to hold an initial public offering within the next three years, its top official said on Saturday. Read More

Philippine airline Cebu says IPO off, will take out loans

editor editor- July 31, 2008 02:39

MANILA - Cebu Pacific, the Philippines' second-biggest airline, shelved plans for an IPO and will meet its financing requirements through loans and internally generated funds, its president said on Th Read More

Polish airline LOT picks JP Morgan and UniCredit as IPO advisors

editor editor- June 4, 2008 02:04

WARSAW - Polish national airline LOT picked JP Morgan and UniCredit as advisors in the carrier's initial public offering (IPO) planned for next year, Deputy Treasury Minister Joanna Schmid was ... Read More