CARIBBEAN carrier BWIA is set to attract a fresh bid for private investment this month.
A prospectus is being prepared as the Trinidad and Tobago-based carrier looks to launch a public offering of shares in the Port of Spain.
One-third of BWIA is owned by the islands’ government, with the rest split between private investors and employees.
Director sales UK/Europe Peter Iland confirmed the airline was close to finalising the prospectus last month and added the initial public offering would be made early this year.
The bid for fresh capital comes just a month after BWIA unveiled its new $5m brand.