Jeju Air to rebrand, launch an IPO

Credit: Rob Finlayson
Korean low-cost carrier (LCC) Jeju Air will rebrand its operations prior to launching an initial public offering (IPO) by year end. It plans to issue 5.5 million shares on the Korea Exchange to raise at least KRW126.5 trillion ($107 million). The carrier said the money will be used to add cash...

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