Irish low-cost carrier Ryanair was planning to offer 54.1 million shares on the Dublin and New York markets at presstime. The offering at the end of May will mean about 35 per cent of Ryanair's shares will be publicly traded. Ryanair aims to raise US$157 million from the flotation to repay $55 million in debt and buy six additional B737-200s.


Source: Airline Business