Spring Airlines to raise 4 billion yuan for fleet expansion

Credit: Wikimedia Commons
Shanghai-based Spring Airlines plans to circulate up to 91.5122 million shares of its stock at 43.71 yuan ($6.55) per share, to no more than 10 specified investors. The share issue is to raise 4 billion yuan towards the purchase of 10 Airbus A320s and one A320 simulator. According to Spring, the...

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