Linetech to enter WSE

A Polish aviation-oriented maintenance company Linetech considers listing on the Warsaw Stock Exchange, Puls Biznesu reported on Friday. Linetech, which has recently leased new hangars in the Rzeszów-Jasionka airport to maintain aircraft, including Boeing 737, Airbus A320 and Embraer 190, plans to enter WSE in Q1 of 2015. For now the company is working on its prospectus, but has decided not to issue shares. Linetech provides its services to such companies as Ryanair, Lufthansa, LOT Polish Airlines, Easy Jet and Norwegian. It may also be useful for army undertakings, e.g. the repair of military aircraft’s plating. Linetech also considers expansion on foreign markets.