Air Berlin's Delayed Takeoff
Discount airlines are soaring in Europe, and investors are eager to get in on the action -- but apparently not at any price. Late on May 4, German low-cost carrier Air Berlin postponed an initial public offering planned for May 5 on the Frankfurt stock exchange, saying it will extend the offer period for share sales until May 10 and start trading the following day.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.