Debonair debut ebonair has completed its flotation on Easdaq, the pan-European stock exchange, raising US$41.9 million through the sale of about 35 per cent of the carrier. The UK startup will invest $12 million of the proceeds in fleet expansion over the next year and has already signed a letter of intent to lease a further five BAe-146s, set to come into service by 1998, bringing the fleet to 12.

 

Source: Airline Business