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Kuwait's IFA Aviation to boost fleet

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Old 27th May 2007, 21:06
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Kuwait's IFA Aviation to boost fleet

Kuwait's IFA Aviation to boost fleet
by Reuters on Sunday, 27 May 2007

IFA Aviation operates two small intercontinental Challenger 604 aircraft from Bombardier, pictured here.Kuwait's International Financial Advisors (IFA) aircraft hiring unit IFA Aviation said on Sunday it planned to launch an initial public offering this year to raise funds for a fleet expansion.

"We are planning to do that (IPO) hopefully in 2007," IFA Aviation's Managing Director Fuad al-Dashti told Reuters.

He said the IPO for the Dubai-based unit will be launched in Kuwait and will be open to all nationalities.
http://www.arabianbusiness.com/index...leet&Itemid=75
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Old 28th May 2007, 00:48
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