Virgin America aims for IPO in 12-24 months
BARCELONA (Reuters) - Virgin America, the high service, low-cost airline branded by British entrepreneur Richard Branson, is mulling a public share offering in the next 12-24 months, a senior executive said on Tuesday.
"We have been flying for four and a half years and have a patient group of equity investors, but over the next 12-14 months we aim to be ready to do a public offering and that is something we are working on in-house," company treasurer Anthony Mosse told the AFCA aircraft financing conference in Barcelona.
(Reporting by Tim Hepher)
LONDON - World shares hovered just below all-time highs on Tuesday as investors drew encouragement from a rally in Chinese markets and beaten-down Russian stocks enjoyed some respite after three days of heavy selling.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.