Take Off for Cebu Air IPO
Cebu Air has started the formal marketing of its initial public offering, which aims to raise up to $288 million. If successful, the Philippines-based carrier, which operates under the name of Cebu Pacific, will become the second only low-budget airline in Asia to go public after Malaysia's AirAsia.
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.