In what year did the airline become a public company?

In what year did the airline become a public company?

• A. 1997
• B. 1986
• C. 1990
• D. 2006

Answer: (A)

Becoming a public company happens when a private company sells shares to the public through an initial public offering and lists on a stock exchange. Ryanair started as a private airline and later raised capital by offering its shares to public investors. This milestone occurred in 1997, when the company floated on the stock market and changed to a public company. The other years do not reflect that transition: they would be before the IPO or well after it, whereas the correct year corresponds to when the shares first became publicly traded.

Becoming a public company happens when a private company sells shares to the public through an initial public offering and lists on a stock exchange. Ryanair started as a private airline and later raised capital by offering its shares to public investors. This milestone occurred in 1997, when the company floated on the stock market and changed to a public company. The other years do not reflect that transition: they would be before the IPO or well after it, whereas the correct year corresponds to when the shares first became publicly traded.