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Kingfisher considers private investors or public offering

Airline Industry Information, Sept 20, 2005

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD

India's Kingfisher Airlines is considering divesting a stake to private investors.

The owner, United Breweries Holdings, has said that it is considering either divesting to private investors or carrying out an initial public offering, to raise money to fund its expansion plans. The PTI news service reported that, according to the owner, a number of people are excited about the airline and willing to invest.

((Comments on this story may be sent to aii.feedback@m2.com))

COPYRIGHT 2005 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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