GE (GE) backed Altitude Aircraft Leasing Trust reportedly postpones an IPO on the Singapore...

|By:, SA News Editor

GE (GE) backed Altitude Aircraft Leasing Trust reportedly postpones an IPO on the Singapore Exchange from this month until possibly 2013, due to uncertain market conditions and a lack of investor enthusiasm as many funds close books and wind down for the year. Altitude joins a growing list of companies to delay or scrap IPOs because of market volatility.