Turkey's Pegasus Airlines sees IPO lift off
April 23, 2013
Turkey's Pegasus Airlines completed its IPO on April 22, selling a 34.5% stake towards the middle of its price range. That sees the country's second largest airline trading at around the same pricing level as Ryanair and Easyjet, and double that of Turkish Airlines, as investors clamour for a slice of the potential for huge passenger number increases for the low cost carrier.
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