Kazakhstan’s national airline Air Astana is preparing for an IPO in FY19. Peter Foster, CEO, Air Astana, tells Arindam Majumder in an interview that the airline is counting on transit passengers from India to improve its business. Edited excerpts:
Air Astana is planning an IPO. What are the steps you are taking to increase its value proposition?
The intention is to do the IPO in 12 to 15 months. It will be a dual listing in Kazakhstan and London. Some of the promoters will hold onto their shares and new shares will be coming in. The existing shareholders' holding