KNF approves Enter Air prospectus

Financial watchdog KNF has approved the prospectus of charter airline Enter Air to issue C series shares. The company will hold a press conference on Tuesday with regard to the IPO. 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.