Enter Air sets issue price

Polish charter airline, Enter Air has set issue price at PLN 14 per share, compared with a maximum price standing at PLN 17. The company will debut on the WSE around December 14. Enter Air will offer 7 million new shares and hopes to raise PLN 98 million. In July, Enter Air suspended its IPO due to the unfavorable market situation. Back then, the company wanted to issue seven million shares and raise PLN 110 million in total that would be channeled for aircraft fleet renovation. Enter Air is Poland's biggest charter airline. It flies to 30 countries and its fleet consists of 17 Boeing 737 airplanes.