Turkish carrier Pegasus Airlines (PC) has started talks about a
possible initial public offering (IPO) in the first quarter of 2013,
Reuters reported. It is expected PC may float less than 25% of the
company. It postponed an IPO last year due to weak home market
conditions.
Local media outlets are reporting PC is in negotiations for an order for 100 single-aisle aircraft, possibly either Airbus A320neos or Boeing 737s, according to Turkish aviation magazine kokpit.aero, which said the planned IPO is not related to the expected aircraft order.
PC chairman Ali Sabanci said at the World Low Cost Airline Congress in London last month the carrier had decided on its next 40+ major aircraft purchase but declined to name a specific aircraft. He also said he preferred to make the announcement in his native land shortly. The carrier expects to start receiving the new aircraft in around three years.
PC, founded in 1990, operates a fleet of 40 737-800s and two 737-400s.
The carrier is expanding rapidly in Central Asia and Russia. Sabanci said its home base in Istanbul was a major incentive for travelers from those areas to travel with PC.
Local media outlets are reporting PC is in negotiations for an order for 100 single-aisle aircraft, possibly either Airbus A320neos or Boeing 737s, according to Turkish aviation magazine kokpit.aero, which said the planned IPO is not related to the expected aircraft order.
PC chairman Ali Sabanci said at the World Low Cost Airline Congress in London last month the carrier had decided on its next 40+ major aircraft purchase but declined to name a specific aircraft. He also said he preferred to make the announcement in his native land shortly. The carrier expects to start receiving the new aircraft in around three years.
PC, founded in 1990, operates a fleet of 40 737-800s and two 737-400s.
The carrier is expanding rapidly in Central Asia and Russia. Sabanci said its home base in Istanbul was a major incentive for travelers from those areas to travel with PC.
No comments:
Post a Comment