Jet Airways' IPO to Build Fleet

Edited by Frances Fiorino February 21, 2005

India's largest domestic carrier, Jet Airways, plans to raise up to $443 million and acquire 10 Boeing 737-800/900s between March 2006-September 2007. At its initial public offering last week, Jet set out to offload 20% of its equity, or 17.2 million shares, to retail and institutional investors...

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