AirAsia plans $300 mn IPO for Indonesia unit in 2016

Budget carrier AirAsia is planning an initial public offering for its Indonesian affiliate around the middle of next year and hopes to raise $300 million, AirAsia boss Tony Fernandes said Monday.

AirAsia X plans huge fleet expansion with IPO

Aviation tycoon Tony Fernandes said the long-haul arm of budget giant AirAsia hopes to raise up to USD 277 million in an initial public offering (IPO) ahead of its July 10 debut on the Malaysian bourse.