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 reserves to help it capitalize on the rising numbers of Chinese tourists visiting Korea. Launching an IPO has been on the table since 2013. The carrier had been in talks with Singapore Airlines (SIA) ...

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