Volaris Aviation Holding, parent of Mexican Low-cost carrier Volaris, has launched a simultaneous $346 million initial public offering (IPO) Sept. 18 at the New York Stock Exchange and the Mexican Stock Exchange. The IPO placed 61.1 million Series A shares on the domestic market and 226.4 million Ordinary Participation Certificates (CPOs) in the form of American Depositary Shares (ADS) for the international market. It is the first time a carrier from Mexico has launched an IPO at both ...

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