Aviation cos set to tap IPO market to fund expansion (The Hindu)

With stock markets rocking, a clutch of aviation firms led by Air Deccan, Kingfisher Airlines and the two state-owned airlines, Air-India and Indian Airlines, are set to tap the booming IPO market to raise funds for their expansion plans, but analysts remained cautious on the investment prospects in the sector considering the rising fuel costs, stringent competition and wafer-thin margins.