Press Release - IPO Delayed
México, Distrito Federal, February 11, 2014.- VivaAerobus, Mexico’s low fares airline and leading ultra-low cost carrier, today announced that it has decided to postpone its initial public offering due to volatile market conditions.
"While we received significant interest from potential investors, the continued market volatility is not an optimal condition for an IPO," said Juan Carlos Zuazua, CEO of VivaAerobus.
"We consistently make decisions in the best interest of our shareholders, strategic partners, employees and customers, and we will continue to do so. The company is in a strong financial position and has the support of world-class investors and partners. We will continue to monitor market conditions and look forward to taking the company public in the future."