An AirAsia India Airbus A320 takes off at the Kempe Gowda International Airport (KGIA) in Bengaluru. File image | Photo Credit: PTI
Malaysian budget carrier AirAsia Bhd is planning an initial public offering for its Indonesian affiliate in the first half of 2016 to raise about $300 million, its group chief executive told Reuters on Monday.
AirAsia plans to sell a 30 per cent stake in the Indonesian carrier, Tony Fernandes said on the sidelines of the World Economic Forum in Jakarta.
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Published on April 20, 2015
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