Qatar Airways may bring forward its planned 2012 initial public offering to later this year, CEO Akbar Al Baker told reporters today. A successful IPO of this size would be good news for all the bombed-out Gulf stock markets.
The airline would use the proceeds of the IPO to help finance its ambitious expansion plans. Qatar Airways has been on a buying spree in recent years. The last order was in April for $1.3 billion to add five Boeing 777s to its 97-aircraft fleet.
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