Hainan Airlines' subsidiary Hong Kong Airlines has restarted its plan to launch an initial public offering (IPO) on the Hong Kong Stock Exchange to raise approximately $500 million for fleet expansion, an industry insider confirmed to ATW. The carrier had planned to launch an IPO in 2012, but it stalled for unspecified reasons. The insider noted the Hong Kong-based carrier is expected to launch the IPO this year, but it hasn’t submitted an IPO application to the Hong Kong Stock ...

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