NewsStarlux Airlines raises $293m in IPO and aims to build freighter fleet

October 25, 2024by 0

Starlux Airlines, the airline founded by ousted Evergreen scion Chang Kuo-wei, was listed on the Taiwan Stock Exchange’s main board today, after an IPO that raised TW$9.4bn ($293m).
The proceeds will generate working capital for Starlux, which is expanding its cargo business with a recent order for five A350 freighters to be delivered in 2027, with an option for five more, which, it says, it will take up..
Starlux’s primary focus remains …

The post Starlux Airlines raises $293m in IPO and aims to build freighter fleet appeared first on The Loadstar.

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