Chilean ULCC JetSmart Plans IPO on US Stock Market
JetSmart, the Chile-based ultra-low-cost carrier, is preparing for an initial public offering (IPO) on the US stock market in a move set to transform its growth strategy across Latin America.
JetSmart, the Chile-based ultra-low-cost carrier, is preparing for an initial public offering (IPO) on the US stock market in a move set to transform its growth strategy across Latin America.
Vertical Aerospace, the UK-based advanced air mobility company, has announced the successful closing of its previously disclosed underwritten public offering, generating US$60 million in gross proceeds. The capital raise is intended to advance the development of its electric vertical takeoff and landing (eVTOL) aircraft program and support the company’s general corporate needs.
Virgin Australia has officially marked its return to the Australian Securities Exchange (ASX) following a successful initial public offering (IPO) that raised $439 million, signaling a major step in the airline’s post-restructuring comeback. This IPO marks the airline’s second listing after its 2020 voluntary administration and subsequent ownership change under Bain Capital.
LATAM Airlines Group, the largest airline group in Latin America, has announced that certain of its shareholders have initiated a public offering of 10 million American Depositary Shares (ADSs), with each ADS representing 2,000 common shares. The move is designed to improve shareholder liquidity and broaden LATAM’s exposure to international investors, particularly in North American capital markets.
Air Cambodia is reportedly in the early stages of exploring a potential Initial Public Offering (IPO). The announcement indicates that discussions have been initiated but remain preliminary, with no firm timeline or financial structure yet disclosed.
WestJet, one of Canada’s largest airlines, is considering an initial public offering (IPO) as part of its long-term strategic roadmap. The update was shared by Onex Corporation, the airline’s parent company, which has described a public offering as a “natural path” for the airline’s continued evolution and expansion.
Breeze Airways (US), led by CEO David Neeleman, is actively planning for a potential initial public offering (IPO) in 2026. The airline is optimistic about this next phase of growth following its first profitable quarter earlier in 2025.
Virgin Australia is set to launch an initial public offering (IPO) as part of its strategic plan to diversify its shareholder base. According to reports, the carrier will offer a significant portion of its shares to new investors, a move designed to reduce the controlling stake of Bain Capital while maintaining the position of Qatar Airways as a key shareholder.
flynas, the Saudi Arabian low-cost carrier, has officially priced its initial public offering (IPO) at $21.30 per share, successfully raising $1.1 billion. The offering saw overwhelming demand from institutional investors, achieving a remarkable 100-times oversubscription, and valuing the airline at approximately $3.6 billion.
airBaltic, the flag carrier of Latvia, has cautioned that it may need to secure additional funding from its shareholdersshould unfavorable conditions persist into the second half of 2025. The airline’s statement underlines growing financial uncertainty in a challenging market environment, with the company preparing for multiple potential outcomes.