Indian LCC GoAir Looks To Raise Money Through IPO

GoAir Airbus A320neo
Credit: Rob Finlayson
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...

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