Thai domestic low-cost carrier Nok Air plans to launch an initial public offering (IPO) in August and expand international flights at about the same time. The IPO is expected to raise 2-3 billion baht ($67-100 million), which will fund the airline’s international expansion and future fleet, CEO Patee Sarasin tells Aviation Week. Thirty percent equity, comprising a mix of existing and new shares, will be sold via the IPO, he adds. Patee, who is a shareholder in the airline, says the ...


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