Friday, December 25, 2009

Turkey's Pegasus plans IPO next year

"Turkey's Pegasus plans IPO next year

Istanbul : Pegasus Airlines, a Turkish budget airline, plans to hold an initial public offering in the second half of 2010, Chairman Ali Sabanci said on CNBC-e television.

The carrier will select an adviser for the IPO on January 8, Sabanci told the Istanbul-based channel yesterday."

More:gulfnews : Turkey's Pegasus plans IPO next year