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Charter Air Firm Files For IPO; Will It Fly?

BY  Pallavi S
Swajas share issue will set a benchmark for future public floats or PE valuations in air charter service sector.

Charter airline service firm Swajas Air Charters Ltd is in the market to raise Rs 37.5 crore ($8.4 million). It is not every day that an air transport firm goes public and given the recent re-entry of airline...

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