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Indonesia, Garuda airline wants to acquire new planes

Jakarta, Indonesia - It hopes to raise 500 million dollars through IPO

The Indonesian national airline 'Garuda Indonesia' plans to raise through the IPO, Initial Public Offering, scheduled for 11 February 2011, a figure of about $ 500 million. The carrier, which wants to sell 9.36 billion shares, will start the roadshow of January 14, through the inclusion in the list of Jakarta, the Indonesian capital. The company, which last year resumed the connections to Europe,...

AVIONEWS - World Aeronautical Press Agency - 1124430

AVIONEWS - World Aeronautical Press Agency
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