Pogo Jet, Inc. has filed to come public via an IPO of up to $103.5 million under the propposed ticker of "POGO" on NASDAQ. It lists only W.R.Hambrecht & Co. as the underwriter, so this is under the OpenIPO platform.
For starters, Pogo is a start-up airline, but it has an industry name behind it. It intends to be a leading provider of private on-demand jet charter service, initially in the Northeast, Mid-Atlantic, Ohio Valley and Carolinas. The target service area includes major metro markets of New York City, Philadelphia, Washington, DC, Boston, Cleveland, Cincinnati, Pittsburgh, Detroit, Toronto, Montreal and Charlotte, as well as the regions surrounding these markets. Its executive team is led by Robert Crandall, who served as the CEO & Chairman of American Airlines parent AMR from 1985 to 1998. Julian Robertson is also one of the key backers of Pogo.
Jon C. Ogg
September 14, 2007
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