Financial Round Up
Spring Airlines IPO approved
October 28th 2014
Privately-run mainland low-cost carrier Spring Airlines has received regulatory blessing to launch an initial public offering to fund its rapid fleet expansion. Read More »
By the end of the year, the profitable Shanghai-based carrier plans to trade 1 billion shares in the city’s stock exchange to collect about 2.5 billion yuan ($41 million) for the purchase of nine A320s and three A320 simulators.
