AirAsia is contemplating an initial public offering (IPO) for its medium-haul operation within months, but an offering for its Indonesian subsidiary will not be forthcoming until at least the second half of 2013 to allow for the integration of Batavia Air. “If the board agrees, then this December AirAsia X will do its IPO,” says AirAsia Group CEO Tony Fernandes. The company will be listed on the Kuala Lumpur stock exchange. AirAsia X operates Airbus A330-300s on medium-haul routes ...
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