People Express Foresees Taking In $45 Million From IPO

Aspiring low-cost carrier People Express Airlines says it expects to raise $45 million in net proceeds from an initial public offering (IPO) to meet and exceed the financial requirements for obtaining a U.S. Transportation Department (DOT) certificate to operate. The carrier, however, also told the...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.