Blue Air Aims For London Listing, Fundraising

Blue Air crew
Credit: Blue Air
LONDON—A desire to tap into capital markets and raise funding is the major factor behind plans between Romanian LCC Blue Air and UK “cash shell” company Ridgecrest for a reverse takeover of the Eastern European carrier. Ridgecrest plans to acquire Airline Invest, parent company of Blue Air Aviation...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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