Indian Shares

Jet Aiways has already gone for an IPO and although the share price has not shown massive gains for investors other Indian arlines will be looking to go for an Initial Public Offering (IPO) during 2006. Potential candidates are:

• Air Deccan
• Air India
• Indian Airlines
• Kingfisher Airlines

All of these airlines placed massive orders for aircraft during 2005 and the Indian air market is still growing amid fierce competition. With more orders for new aircraft expected during 2006. The airlines will therfore me looking to IPO as a source of investment into business operations.