Gulfstream To Go Public

 - July 25, 2007, 7:34 AM

The holding company for Fort Lauderdale, Fla.-based regional Gulfstream International Airlines and Gulfstream Training Academy hopes to raise some $10.2 million through an IPO on the American Stock Exchange, according to a registration statement filed with the SEC early last month. The company plans to sell 1 million shares on the Amex under the symbol GIA. Operating principally as a Continental Connection carrier, Gulfstream flies 27 Beech 1900Ds and eight Embraer Brasilias.