sjc
Active Member
Porter sees IPO on the horizon
It sounds like we might see an opportunity to invest in Porter before too long.
It sounds like we might see an opportunity to invest in Porter before too long.
With its final two aircraft slated for delivery in early 2010, Porter must decide whether it will place another order for the fuel-efficient aircraft soon, Mr. Deluce said. If it does, Porter would most likely finance the purchase through funds raised in a public offering, he said....While it is too speculative to give a time frame, Mr. Deluce said, the two-year wait for new aircraft does apply some urgency to the matter. "If we're going to do it, we're going to have to get in the queue," he said.