Porter Airlines (P3, Toronto Billy Bishop City Centre) could launch an initial public offering (IPO) by the turn of the decade, Chief Executive Officer Michael Deluce recently said in an interview.

Deluce told Bloomberg that the offering would not be in 2024 or 2025 but “could be in the two- to five-year range.”

It would not be the first time the Canadian carrier has looked to raise money from a stock sale; it tried to do it in May 2010, but put the plan on hold due to unfavourable market conditions caused by volatility in the equity…

Source: ch aviation
Read more: Canada's Porter Airlines again moots IPO plans