Aeromexico completes IPO, Copa Holdings mandates JP Morgan for B737-800 finance

Aeromexico raised MRX3.9 billion (USD330 million) in an IPO, selling 109 million shares on 14-Apr-2011 and pricing them at MRX31 (USD2.6) each. The carrier is seeking to consolidate market leadership after its main competitor Mexicana filed for bankruptcy last year.

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