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Interjet Sees 2014 IPO Topping Volaris Sale on Air Traffic

Interjet Executive President Miguel Aleman Magnani said the Mexican airline is studying an initial public offering for 2014 and the sale may exceed this year’s IPO by rival low-cost carrier Volaris.

Interjet, operated by ABC Aerolineas SA, may sell a stake of at least 30 percent in the U.S. and Mexico in the latter half of next year, Aleman Magnani said in an interview. The airline, Mexico’s second-largest by domestic passengers, would use the proceeds for plane deliveries and to pay debt, he said.