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Virgin America aims for IPO in 12-24 months
April 24, 2012 / 8:58 AM / 5 years ago

Virgin America aims for IPO in 12-24 months

Sir Richard Branson, founder and president of Britain's Virgin Group, gestures after signing a contract for 60 Airbus A320 jets during the annual Airbus news conference at Colomiers near Toulouse January 17, 2011. REUTERS/Jean-Philippe Arles

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

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