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Vueling aims to raise €200m

19 November 2006

Vueling, the Spanish low cost start-up airline, launched its initial public offering on Friday aimed at raising around €200m in fresh equity to support its rapid expansion from current bases in Barcelona and Madrid.

The airline began flying in July 2004 and will have a fleet of 16 180-seat Airbus A320s by the end of the year, rising to 25 in 2007.

source: MSNBC