Bamboo Airways planning US public listing - TravelMole


Bamboo Airways planning US public listing

Friday, 22 Nov, 2021 0

Vietnam carrier Bamboo Airways is planning a local listing before preparing for an IPO in the US. It plans to list on the Unlisted Public Company Market (UPCoM) in the first quarter of 2022.

Shares will trade under the ticker BAV, says CEO Nguyen Khac Hai. The UPCoM is suppleentary a market to encourage companies to officially go public.

Bamboo Airways hopes to raise $200 million in a US public listing which would value in the airline at $4 billion.

 

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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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