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Old 10-03-2012 | 11:45 AM
  #88  
ShyGuy
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Joined: Dec 2005
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Originally Posted by Sailor
And reality sinks in....
The slow/stopped growth was planned ahead of time. The new aircraft order won't start until Fall 2013. One more aircraft comes in March 2013. What they initially planned to do was stop growth for one year so they could announce profits, and then go public IPO. So far they haven't announced a profitable quarter this year, so that IPO timeline will have to be re-set. I don't see why there's a rush to get a IPO launched. Spirit didn't do one until just a couple years ago, and that was after they had been well established for over two decades. Branson is a patient investor, and it seems the American investors are also committed long term, so I don't think the IPO needs to happen within the next year.
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