Virgin America to go public
Virgin America has announced that it intends to go public with an IPO filing to raise money to fund future growth.
A filing has been submitted to the US Securities and Exchange Commission, but Virgin America has not said how many shares will be offered and the price range for the proposed offering.
Since its maiden flight in 2007, Virgin America has long mulled the prospect of going public.
Barclays and Deutsche Bank Securities will act as representatives of the underwriters for the proposed offering.
The airline flies mainly to large business-orientated cities in the US along with a smaller number of holiday destinations such as Fort Lauderdale and Palm Springs
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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