PT Lion Mentari Airlines, operating as Lion Air (JT, Jakarta Soekarno-Hatta), is revisiting earlier plans for an initial public offering (IPO) that could raise between USD300 – 500 million, according to Bloomberg.

Citing sources close to the talks, the report says discussions have restarted with advisors, and the Indonesian budget carrier could hold the listing later this year. ch-aviation has contacted Lion Air for comment.

Lion Air has twice floated plans for an IPO, only to have them derailed by external…

Source: ch aviation
Read more: Indonesia's Lion Air revisits IPO plans – report